Vitec announces redundancies in Bury St Edmunds
The engineering company Vitec Videocom has announced redundancies at its Bury St Edmunds site as part of a group-wide ‘efficiency drive’.
Staff sourced at the company in Western Way say 12 people have been sent redundancy notices.
A spokesman for the Vitec Group, which owns studio camera support manufacturer Vinten in Bury, said yesterday: “The restructuring announced at the Bury St Edmunds site is part of a wider Vitec Group reorganisation to drive ongoing efficiency and to ensure we deliver anticipated shareholder returns.
“All potentially affected employees have been advised and are currently being consulted.”
The Group announced in 2013, alongside a 2.5 per cent rise in profits, that it would be scaling back UK operations as it expanded manufacturing in Costa Rica.