Fitch makes 15 staff redundant

Fitch London has made 15 staff redundant, as the big conglomerates continue to struggle in sluggish market conditions.

Departures include five designers, four digital and six support staff.

Fitch London chief executive Jane Simmonds says, ‘The market hasn’t shown the recovery the industry was hoping for so we have decided to focus on our core competency [brand experience] and draw on the economies of scale that are achievable as part of a wider group.’