Openwork puts 20 staff at risk of redundancy

Openwork has placed 20 of its staff at risk of redundancy as it looks to reduce costs ahead of the Retail Distribution Review.

A spokesman for Openwork, says: “As part of our ongoing efforts to reduce our operating costs in preparation for the introduction of the RDR, we have regrettably had to put at risk a small number of roles, primarily in our support centre.

“We are currently in a 30-day consultation period after which we will serve notices of redundancies. While it is always unfortunate to have to reduce staff numbers, it is crucial that the business is able to operate as efficiently and cost-effectively as possible in an increasingly challenging market and regulatory environment.”