Decision will result in a number of redundancies
Strix has announced a partial closure of its Ramsey factory.
The company - which is a global leader in the design, manufacture and supply of kettle safety controls - told Manx Radio the move will result in a number of redundancies.
The specific number can't be confirmed at this time while the company undergoes a full consultation with those affected.
Manx Radio understands at least four positions may be at risk.
Strix says it's committed to maintaining its head office and manufacturing operations on Island.
A spokesperson for the company said: "The company can confirm that a commercial decision has been taken in response to pressures on its sustainability considerations and global supply to affect a partial closure of its Ramsey factory.
"This does unfortunately mean that a number of roles will be displaced due to redundancy.
"Strix management respectfully ask that speculation as to the outcome of this consultation is not entered into via any media channels as this can be unnecessarily distressing to those directly impacted."
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