Vodafone’s decision to close one of its centres has sparked worries for the area’s commerce leaders.
Business experts in Banbury have expressed concern over Vodafone’s announcement to shut down its office in the Banbury Business Park by the middle of next year, citing the market’s inability to absorb around 400 added unemployed individuals.
"It is going to have a big impact on the jobs market and the local economy. If only there were more large employers coming to Banbury to take those extra people," Clair Kingsbury, chairman of Banbury Chamber of Commerce told BBC News.
However, spokesperson for Vodafone Jane Frapwell has spoken about the company’s plan to integrate at least 200 of the total employees with its other customer support centres, including Newark in Nottinghamshire, Stoke-on-Trent, Staffordshire and Didsbury, Manchester.
The company has informed the employees before hand and has urged them to take some decision about their plans to relocate to fit with the company’s plans as soon as possible.