UK-based mobile marketing and NFC pioneer Proxama has announced a round of redundancies at its Norwich headquarters with up to 21 people believed to be at risk of losing their jobs.

The cuts were announced to staff this morning and follow a strategic review after the acquisition of NFC payments specialist Aconite in December 2014. “The base of the staff has enlarged as a result of both companies coming together, so they’re trying to slim down,” a spokesman told NFC World. “There’s an overlap of skills.”

Proxama Plc (LON:PROX) has traded on AIM, the London Stock Exchange’s international market for smaller growing companies, since August 2013.

The company is due to issue a trading update on 3 February.

UPDATE Proxama has now confirmed to NFC World that there will be 12 redundancies at the company.