Personal Touch Financial Services has announced 22 job losses and restructured its board of directors to achieve a 25% cost saving in an attempt to "realign the business" and cut £1.5m in costs.
In a whole-of-company staff briefing, the at-risk employees were told which 22 jobs will go from 180 and those affected will be offered the afternoon off, although it will be business as usual from tomorrow, said a spokesperson. The at-risk staff will be reassessed for re-deployment later this week, confirmed PTFS. Max Wright, chief executive, Personal Touch Financial Services, said: "Following the launch of our Vision 2013 strategy in July this year we are now implementing the strategic realignment of the business which is designed to achieve a cost saving of £1.5m. "Staff have this ...
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