Advertising recruitment firm Pearsons closes
Almost 40 staff have lost their jobs after Middlesbrough marketing firm Pearsons was placed into administration.
The company, established in 1986 by Simon Pearson, was based at Preston Farm Business Park in Stockton, as well as in Leeds and Newcastle and includes brands such as Arla, Seven Seas, Yorkshire Water, Gateshead Council, One North East and Northumbrian Water within its client base.
Administrators KPMG has said that the company has been affected by public sector budget cuts in recent months, especially having specialised in public sector recruitment, and that this was unexpected to improve for some time.