Bus company Kimes of Folkingham is to be closed after consultation with employees.
Owner Centrebus says most of the services provided by Kimes will be moved to other depots in August and the “vast majority” of driving staff have chosen to continue working at other sites. But a small number of staff will be made redundant.
The first phase of the transfers will happen from August 11 with services 4, 26, and 27 transferring to the Grantham depot. A week later Service 9 will transfer to the Saxby depot and service 12 to the Corby depot.
Centrebus Commercial director Dave Shelley said: “We are pleased we have been able to work constructively to maintain services (with no timetable changes) and employment for the vast majority of our staff in the Kimes business. For a small number of staff who will be redundant, we are working very closely with them on an individual basis at what is obviously a difficult time.”
Mr Shelley added: “An agreement has been reached for transfer of services 58 and 59 to Brylaine Travel, together with five buses and some staff operating those services.
“We have been advised by Peterborough City Council that they intend to stop funding any of our services from the start of October, and we will therefore be using that date as an opportunity to review what timetable changes to former Kimes services will be needed, if any. However, at this stage, customers can be reassured that services will continue unchanged during the closure process.”
The Kimes site in Folkingham is due to formally close at the end of August.
Kimes was a family-owned business and a cooperative until July 2011 when it was bought by Centrebus in Grantham.