The majority of staff will be relocated to the firm’s Birmingham office, with a “small number” of roles at risk.
The Big Four firm has not confirmed how many positions are threatened, but insist the number will be small in relation to the size of its workforce.
The decision to consolidate EY’s Midlands presence to a single Birmingham site was made following a review of the lease of the Nottingham office. The move will be effective from 1 July 2014
A statement said, “We believe we can grow our Midlands practice more successfully from one location rather than two and so will not be renewing the office lease at EY’s current location in City Gate West, Nottingham. Instead, we will continue to build a strong Midlands practice from one location in Birmingham.”
EY confirmed its commitment to the East Midlands market, and its intention to keep redundancies as low as possible.
“Our intention is to retain as many of our people as possible and will work with them over the coming weeks to ensure a smooth transition into their new office.
“Regrettably, there are a small number of people whose roles have been put at risk of redundancy as a result of these changes.
“This is in no way a removal from the market in the East Midlands and we remain committed to the clients we currently serve across the region and consider it to be of strategic importance to the business.”
EY is one of three big four firms with offices in Nottingham. KPMG and Deloitte still have offices in the area.