Hornbuckle says no staff are being forced to take redundancy, although if they do not wish to relocate redundancy is an option.
Managing director Dave White said while the firm is not reducing staff numbers, the relocation could result in a “small” number of staff leaving.
He says: “We are not reducing staff, it is just a relocation issue. Everybody has been offered the opportunity to work from any of the three offices – Edinburgh, Cheshire and Leicester – but a lot of the staff are London-based so it is up to them whether they choose to do that or take a redundancy package.”
Hornbuckle has employed a third-party HR company to assist staff exploring both options.
White says: “We are hoping to reallocate staff if they wish to move. But unfortunately because of the nature of the beast, we may well lose a small number of staff if they do not wish to relocate.”
Administration business will move from London at the end of February.