Staff at Ecotricity have been informed of job losses, with the green energy company citing restructuring as being the reason for the redundancies.

A spokesperson for the company declined to say how many staff are affected.

“This is an active process which will take place over the next few days,” the spokesperson said after the redundancies were announced to staff yesterday.

However,  Ecotricity founder Mr Vince sent an email to staff on Tuesday.

“We’re making some changes to the way we’re set up – which will make us more efficient and better able to do things we want to do in the future,” begins the email.

“Unfortunately – this does mean that we’re going to lose some jobs and some of our people. I regret that but it’s something that we need to do. Over the course of today and tomorrow we’ll meet with everybody affected by this, to explain the situation and what this means to them.

“We’re going to try and do this as decently as we can. I know this will be tough for all of us, but we will support everybody in the coming days.”

Ecotricity, which supplies green energy to consumers, employs about 700 people at its headquarters in Stroud, making it one of the town’s biggest employers.

Founder and director Dale Vince also chairs Nailsworth football team Forest Green Rovers.

The company posted a loss for 2017, but in a statement earlier this year Ecotricity said it was “back in the black”.