HML is closing its Prospect House site in Scarborough as part of a re-structure putting 164 jobs at risk.
The third party servicing firm announced in March that it was to review its organisational structure, putting jobs on the line.
As a result some 164 out of 2,000 roles are at risk of redundancy. This breaks down to 136 potential job losses in Scarborough, 17 in Skipton, seven in Derry, and four between Padham and Glasgow. The Scarborough site will close between June and September with work transferred to other sites.
Brian Brodie, chief executive of HML, says: “This is part of our strategy to ensure the business is the right shape and size to grasp future market opportunities.”