Verrex shuts down UK operations in global overhaul

Verrex will shut down its UK operations by the end of the year as it restructures its business and moves to what it describes as a "global allied partner model".

Redundancies have already hit the UK office as the conferencing, collaboration and presentation integrator and managed services provider scales down its operations in the region.

The firm, which will also be winding down operations in Asia Pacific, said markets such as China and Europe "presented economic challenges towards achieving profitability".

Read the company press release here