SCHOOL computers firm RM Education is axing 300 jobs, prompting fears its Oxfordshire operation will be closed down.
Bosses have not yet confirmed whether its Milton Park headquarters - which cut 300 jobs in 2011 - would be shut.
But in a company statement, it said a review of its education technology business had been completed with the result that a decision had been made to stop selling computers and reduce sales and marketing activities accordingly.
The statement added: “RM will immediately commence a consultation with affected employees regarding proposed redundancies.
“The proposal is to reduce UK headcount, including temporary staff, by around 300 over the next 12 months.”
In the last couple of years, RM Education has been hit by the scaling down of the Building Schools for the Future programme which was scrapped by the coalition Government when it came to power.
As a result, the firm said revenues in the education technology business have been cut by 50 per cent.