Local company GTi has confirmed that a number of jobs will be cut at its Sandbank operation.
The company issued a statement earlier this week which said: “It is with great sadness and regret that GTi has had to announce that it os making a number of redundancies at its premises in Sandbank.
“These redundancies are due to the completion of a major distribution contract relating to CFLs (low energy lightbulbs).
“As a result of these imposed changes, GTi has to take the very difficult decision of streamlining the business to ensure its long term future.  
“It is important to note that the GTi core business, which is the supply and provision of draught proofing and insulation products, remains very busy and is continuing to grow.  
“GTi continues to work with the power companies on many other projects to deliver energy efficient products through their various web shops as well as through other schemes.  In addition, GTi has other clients and contracts out with the energy market which they continue to develop.
“Although impossible to predict the future of the business in these uncertain economic times, GTi, as ever remains optimistic and will be making every effort to secure new work and hopefully be in a position to reverse this regrettable but necessary action.”
A spokesman subsequently told the Standard: “At this stage, we do not know how many redundancies we will have to make.
“We are now just entering the at risk, consultation stage where we will be identifying those employees at risk and interviewing them over the coming days.
“I can say, though, that it will not be a huge number.”
The company was established in 1994 and expanded to offer a number of different products and services, becoming one of Cowal’s major employers.
At its peak, it employed up to 110 local people and was dispatching around 12 to 15 million energy efficient products each year on behalf of its power company clients.
Currently, the group employs 68 people and numbers Royal Mail and Scottish Power among its partners.

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