London design group Ziggurat has terminated the contracts of three non-creative staff with immediate effect and made one redundancy in the account handling department.
Client services director Nicky Clark describes the decision as “extremely regrettable”, but says “cost cuts” were necessary. “Projects have not come in this side of Christmas, though we are confident they will in the New Year.”
She refuses to specify which positions have been terminated. “The three contracts were all up to 12 months [long]. We are in redundancy talks with the fourth person about whether they are better suited elsewhere in the business and the person is still on the payroll,” she says.
Clark adds that a strategy to move the group forward will be unveiled in January, coinciding with a new appointment. “Someone will be joining in the New Year in a senior role, which is to do with the strategic direction of the company and signals a new development for Ziggurat,” she explains.
“This year we have found it tougher to win new business with the market being more competitive and there being more players. We have now made stringent cost controls to avoid and manage the uncertainty and there will absolutely not be any more redundancies,” claims Clark.