
Company says redundancies as a result of strategic review
Seven people have been made redundant from the office of a Manx corporate service provider.
The Ramsey office of OCRA (Isle of Man) Ltd admitted the difficult decision had to be made as part of a strategic review.
The company's base in the north of the Island is the largest of its worldwide offices and employs 45 staff.
OCRA director Will Margot says the extremely tough decision is necessary to maintain the company's long term success.