Following the news that events agency W&O ceased trading last week, parent company Choice One Group has said that it is seeking to work through the best options for its employees and clients.
A spokesman told C&IT: "Currently, my understanding is that the future for the majority of employees looks promising. Some staff will be taken on by other parts of the group. It is looking as though one or two people will join Healthcare Solutions, our medical communications group. The future of our employees is the most important aspect for us and currently the future is looking good.
"We will continue to deliver existing projects for our clients if they want us to and we will provide whatever they need from us. We have a highly skilled team and they are the best people to deliver on these projects."
Earlier this week, Choice One Group cited squeezed margins and a lack of new business for W&O's closure.