July 9th, 2024

Dyson to cut a quarter of UK workforce

Dyson is cutting 1,000 jobs in the UK, over a quarter of its workforce, as part of global restructuring. UK remains a key R&D center. Job cuts aim to enhance competitiveness amid market challenges.

Read original articleLink Icon
Dyson to cut a quarter of UK workforce

Dyson is cutting about 1,000 jobs in the UK, which represents more than a quarter of its workforce in the country. The decision is part of a broader restructuring effort to reduce the company's global workforce of 15,000 employees. Despite the job cuts, the UK will remain a key research and development center for Dyson. The company, known for its vacuum cleaners and air filters, faces fierce competition in global markets, particularly in Asia. Dyson's founder, Sir James Dyson, oversees the company that has expanded its product range beyond vacuum cleaners. The job cuts are not related to the UK general election and are part of ongoing global restructuring efforts. The move to reduce jobs is seen as a necessary step to ensure the company's competitiveness and agility in the face of rapid innovation and market changes.

Link Icon 2 comments
By @braza - 9 months