The third party servicing firm announced that jobs would be at risk last March when staff were informed of the decision to review HML’s organisational structure.
As a result of that review some 164 roles at all levels have been put at risk of redundancy out of a 2000-strong workforce.
This breaks down to 136 potential job losses in Scarborough, 17 in Skipton, seven in Derry, and four in Padham and Glasgow.
The Scarborough site will close during June and September with client work continuing to be transferred to HML’s other sites.
Brian Brodie, chief executive at HML, says: “This announcement is part of our strategy to ensure the business is the right shape and size to grasp future market opportunities.
“It has resulted in our decision to concentrate on enhancing the quality of service we provide our clients and their customers in four core locations.
“Regrettably, this has resulted in the decision to close the Scarborough operation.
“We understand the personal impact on staff and have not taken the decision lightly, however, we hope our clients and employees will recognise that as a responsible business we must make tough decisions that are in the long-term best interest of the majority of our employees.”
HML says it is offering support to affected employees including outplacement help and on-site job search facilities.
The company says it has been in close contact with HML’s union SURGE throughout the review process.
Employees were told of the business restructure and potential redundancies yesterday.