ONE of Yorkshire’s fastest-growing digital marketing agencies is cutting up to 17 jobs.
Bloom, based in Leeds, said it has seen a constriction of some client budgets and a delay of projects into the new year. It currently employs 56 people.
Chief executive Alex Craven, who founded the business in 1999, said the company has not lost any clients.
He is hopeful that Bloom will be able to carry on its growth trajectory next year.
Earlier this year, the agency announced that fee income had topped £2.4m, after winning clients including LA Fitness, Infosys, Emirates and Harrogate-based Engage Mutual, and said it is on course for £3.5m in the financial year.
Mr Craven said: “After a period of significant and sustained growth Bloom is faced with a constriction of some client budgets and delays of projects into 2014.
“To maintain the health of the business, sadly we are faced with putting up to 17 members of staff into consultation for potential redundancies.
“We are exploring all avenues to mitigate the effect of this procedure on our team.”
Last month, Bloom was ranked number 30 in The Prolific North Top 50 Integrated Agencies spanning creative, advertising, marketing and sales promotion services.
Clients include Arla, Conran, EDF Energy and Lakeland.