The forces veterans charity Erskine has begun consultations with 37 employees at two of its satellite operations, where jobs are at risk.
The charity, which runs four care homes for veterans in Scotland, said the companies - two of five set up to provide work for veterans and income for the charity - had made combined losses of £495,000.
Erskine Print, which offers printing services and employs six people, two of whom are veterans, will close on 30 March, the charity said.
"As this is a closure situation, every effort will be made to redeploy staff into vacancies within Erskine," said a statement from the charity, which employs about 900 staff. "We are hopeful that there will be opportunities for employees to remain with Erskine."
The charity has also begun consultation with the 31 staff working at the furniture business Erskine Furniture, in a bid to restructure the organisation and make it profitable.
Steve Conway, chief executive of Erskine, said: "It is regrettable that despite our best efforts we cannot continue to operate Erskine Print, but we are affected by the economic situation that so many organisations are dealing with.
"These two of our social firms are costing us a large amount of money to run, so we need to take appropriate action to reduce the financial deficit. We have a good reputation for providing care to veterans and we must do all that we can to safeguard this. Our concentrated effort will focus on turning around Erskine Furniture, and I hope that people will support us in doing so."