Dyson to cut 1000 jobs in UK
Dyson Ltd plans to reduce its UK workforce by 1,000 jobs, part of a global restructuring to cut costs due to market competition. Despite layoffs, Dyson remains committed to the UK.
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Dyson Ltd, a well-known vacuum cleaner and air-filter maker, is set to cut more than a quarter of its UK workforce, amounting to about 1,000 jobs, as part of a global restructuring effort. The company, with 3,500 employees in the UK across offices in Wiltshire, Bristol, and London, is aiming to reduce its 15,000-strong global workforce. The decision comes amidst a wider cost-cutting initiative and a competitive market landscape, particularly in Asia where Dyson faces local rivals producing similar products. The company's chief executive highlighted the need to adapt to evolving global markets and emphasized the painful nature of job cuts. Despite the layoffs, Dyson reaffirmed its commitment to the UK as a major hub for research, development, and design. Founded in 1991 by Sir James Dyson, the company has expanded its product range beyond vacuum cleaners to include hair dryers, fans, air filters, and even wearable technology. Dyson's move to cut jobs coincides with a meeting hosted by the new business and trade secretary, John Reynolds, with business leaders to outline priorities and address concerns.
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Tech layoffs: 98,000 impacted as Apple, Google, others continue job cuts
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Microsoft conducted layoffs impacting various teams globally, focusing on product and program management. The exact number of affected employees was undisclosed. These actions align with strategic growth priorities amid recent job cuts.
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Microsoft conducts layoffs affecting product and program management roles without disclosing the exact number impacted. This aligns with previous job cuts, part of ongoing restructuring efforts for future growth and customer support.
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.