Babel Media shifting operations to Canada
The localisation specialist is reviewing the future of its UK operation, Develop reports, with some 30 staff in the midst of a redundancy consultation as the firm moves the bulk of its operations to Canada. CEO Richard Leinfellner said: “Market demands have dictated our move. It is a market reality that we have to follow trends. There is a brain drain in the UK while Canada is thriving, and benefiting from tax breaks that can save local studios 30 to 40 per cent on production costs.” Affected staff have been asked if they would be prepared to move to Canada, with senior management already making the move. Babel is expected to retain a UK presence, albeit in significantly smaller premises.