The Mill is making 25 people redundant as part of a restructuring programme that will also see some central resources relocated to America.

Roughly 6% of The Mill's 400-strong workforce is affected, with 15 jobs set to go in the UK. The majority of affected roles are in central services.

Chief executive Robin Shenfield said that despite a strong 2008, in which the company launched Mill Datalab, Mill Film and Mill Studio, the company had been forced to review its global operations.

“The global economic downturn has had an impact on all commercial organisations, leading to an unprecedented market downturn,” he said. “This, coupled with our industry price point being at its lowest for years, has brought about challenging economic conditions that have prompted us to look again at our plans and to restructure accordingly.”

The changes will also see some posts move to different departments including The Mill's Los Angeles facility.

“By putting the right talent in the right places we are reshaping the business to create a wider offering for our clients,” Shenfield added.

Staff have been informed, with some mutually agreeing to leave immediately.

Topics