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50 to 60 job losses in Origen reshuffle

Origen support services director Keith Robinson says that the group’s decision to reshape the business is likely to result in around 50 to 60 redundancies from the firm by the end of Q1 2009.

The group is to centralise its para planning, group risk, new business processing and ongoing client servicing into its Farnborough office.

The move follows a six-month review period and is designed to improve efficiency, support for consultants and service to clients.

Robinson says that the reshuffle is in line with the retail distribution review and will also create 40 new job opportunities.

He says: “This is not something that we need to do following the fall in markets, but we feel it is a necessary step forward for the efficiency and success of the business.

“We will be offering those 100 at risk three options of either relocation, redeployment where practical and also redundancy. We hope to save as many jobs as possible with relocation to Farnborough to fill the new roles that will be made available, though clearly it will not be viable for all our staff affected.

“Overall with sales support and para planners the likely net loss will be closer to 50. We will be interviewing all staff from November and will run through until February/March next year.”

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