
The move will reduce the total number of education centres run by the charity, where professionals work to support young people who are not in education, employment or training (Neet), from 28 to 23.
The centres affected are in Brighton, Halifax, Huntingdon, Lambeth, and Reading.
Staff are currently being consulted on their futures but there are expected to be a number of redundancies.
Nacro confirmed that the decision was taken due to a shortfall in budgeted income from education centres, which receive funding on a payment-by-results basis for improving outcomes for young people, of £4m.
It said the centres being closed had been unable to identify and engage enough young people to make them financially viable.
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