Broadband ISP Orcon is shedding 23 jobs, CEO Scott Bartlett said in a statement.

Orcon CEO Scott Bartlett has released a statement saying that there will be 23 jobs cut from the ISP.

"Although on target to meet current year profit objectives, Orcon anticipates a more challenging year ahead," Bartlett wrote.

"The company has therefore revised its growth targets for the next period and as a consequence will also be reducing the business cost structure."

Orcon currently employs 144 staff.

- NZ HERALD STAFF