High-profile manufacturing start-up Artemis Technologies has ended its apprenticeship scheme, putting 14 apprentices at risk of redundancy.
The Belfast-based firm is developing zero carbon emission electrically propelled boats.
It said the decision to end the apprenticeship scheme had not been made lightly and reflected the challenges common to new businesses.
“We underestimated the level of resources required to provide our apprentices with the development and training they truly deserve,” a spokesperson said.
“It would be unfair to continue without being able to support them fully.”
The apprenticeships were being delivered in partnership with Belfast Metropolitan College, which will now try to find alternative placements for them.
Three additional staff members are also at risk of redundancy as part of a review of the company’s operations.
“This restructuring ensures that we can focus on our mission and create future opportunities,” the spokesperson said.
