Systems integrator Damovo is to cut about 100 staff in its latest reshaping exercise as it evolves its business.
This follows the resignation of the firm's managing director, and news that it would make redundancies as it evolved from a product supplier to a global service provider.
Joanne James, vice president of marketing and corporate communications at the company, confirmed the redundancies and said that they were the result of reshaping and not a lack of sales.
"We have increased our turnover by 21 per cent and profit by 68 per cent globally over the last year, but we will have to make a further 100 redundancies in the UK because many functions have been centralised which is achieving economies," she explained.
The Ericsson Enterprise spin-off has already made 13 redundancies and asked some staff to reapply for jobs, as roles change, since January.
Keith Humphreys, an analyst at EuroLAN Research, said: "Damovo has done well so far and the fact that it has only been in existence for a year means it is bound to go through [internal] changes."
James announced that there will be consultation with employee representatives over the coming weeks.
The company said it is currently interviewing for the position of UK managing director.
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