Grimsby’s flagship green tech start-up, Myenergi, looks set to significantly cut back its workforce after the brakes were put on five years of phenomenal growth.
It is understood that around 100 jobs - almost a quarter of the workforce - could be made redundant as the cost of living crisis is blamed for a slowdown in sales. Named one of the UK’s fastest growing companies less than a year ago, new orders of its staple Zappi electric vehicle charger and allied devices haven’t been maintained at anticipated levels, with the removal of consumer incentives also cited.
Grimsby Town’s principal sponsor, close to completing its state-of-the-art manufacturing plant alongside its new Stallingborough headquarters, currently employs almost 450 people. Launched by Lee Sutton, chief executive, and Jordan Brompton, chief marketing officer, it attracted backing from investment house head Bill Currie and former Tesco CEO Sir Terry Leahy to help advance the rapid scale-up.
