Webmedia Group has accelerated cutbacks started last year as part of a move to focus on core activities. The company has put its website production subsidiary, Webmedia Limited, into liquidation with the loss of 17 jobs.
“The website production business has totally changed,” says Webmedia chairman Steve Bowbrick. He adds that Web design projects are increasingly being carried out by big companies such as IBM, small companies with low overheads, or in-house, through software advances.
“The future for companies like ours lies in consultancy, rather than production,” says Bowbrick. He, along with managing director Peter Beech and financial controller Howard Hogan, will now operate Webmedia on a consultancy basis. Two further staff are expected to join imminently.
A number of Webmedia Limited clients who had been using consultancy services will continue to use Webmedia Group, says Bowbrick. Existing production contracts entered into by Webmedia Limited will be completed via an agreement with York company Infocom.