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Swift staff face redundancy

Swift is in consultation with 60 staff regarding possible job losses. The specialist lender says it hopes the final number of redundancies will be fewer and it is working to restrict it to just 25. Staff affected by the consultation are from Swift’s sales, marketing and new business teams. The firm has a total headcount of almost 140 workers. John Webster, chief executive of Swift, says: “We will be offering around 20 alternative permanent positions in other areas of the business, which will hopefully reduce the overall number of staff affected.”

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