Public sector cuts are beginning to bite in the region, with 47 jobs going at Business Link and 97 applications for voluntary redundancy at Advantage West Midlands.
Business Link WM announced that 47 jobs would go from its Quinton headquarters, including 22 compulsory job losses.
This follows the news last month that the business support agency faced significant job cuts after a reduction in its budget following cuts imposed on regional development agency AWM.
Business Link WM currently employs 238 staff and when the budget cut announcements were made in late July, staff were given the opportunity to apply for voluntary redundancy.
Of the 47 job losses already announced, 25 staff have elected to leave voluntarily with the remaining 22 posts compulsory redundancies.
Business Link’s chief executive Lorraine Holmes said, “I very much regret having to make this announcement.
“The cuts imposed on funding mean that we can no longer operate a number of business support initiatives and that in turn affects the staff working in those areas and those supporting them through back-office functions.
“These are very difficult times, and we await the outcome of the Comprehensive Spending Review and our budget for 2011-12 as we anticipate these factors will result in us having to downsize the business further. We are managing these cuts in the context of the longer term decision about Business Link’s future and in the meantime we are committed to maintain our services to clients as usual.
“Our core service to provide telephone and face to face advice to businesses and people who want to start a new business remains unaffected at the present time.”
Business Link said it would be setting up a support service for affected workers, in view of the current challenges of the job market.
It has also created a Jobs Marketplace which will post details of all vacancies that become available for staff to see.
And Ms Holmes has urged firms in the region to consider Business Link staff for any roles which come up.
Meanwhile, AWM said 97 employees had applied for voluntary redundancy from its total of 326 permanent staff.
The regional development agency faces the axe as part of Government plans to bring in local enterprise partnerships, with a view to cutting costs.
Some workers may not be released, with a deadline of October 22 pending, if they are considered “business critical.”