Vacuum cleaner manufacturer - Dyson plans to cut up to 1000 jobs in the UK
The household appliance manufacturer Dyson is planning to cut jobs in the UK. Up to 1000 positions may be eliminated, according to the British news agency PA. This represents more than a quarter of the jobs previously based there. Dyson is known for its cordless vacuum cleaners and produces, for example, hairdryers and hand dryers.
"We have grown quickly and, like all companies, we periodically review our global structures to ensure we are prepared for the future," CEO Hanno Kirner reportedly told PA. "We are proposing changes to our organization that could lead to redundancies."
The company has around 14,000 employees worldwide, with roughly 3,500 reportedly based in the UK according to the BBC. Dyson operates in increasingly competitive global markets, Kirner added. Decisions that affect close and talented colleagues are always particularly painful.
Founded by entrepreneur James Dyson, the company is reportedly among the wealthiest people in the United Kingdom according to the "Sunday Times." Dyson had also reportedly supported Brexit. The company relocated its headquarters a few years ago to Singapore. At that time, there were also plans to develop an electric car. However, the project was eventually abandoned.
Dyson, known for its electronics like cordless vacuum cleaners and household appliances such as hairdryers and hand dryers, is planning to downsize in Great Britain. This could result in up to 1000 job cuts, as reported by the British news agency PA. The company, which has around 14,000 employees globally and over 3,500 in the UK, is experiencing competitive pressures in the global market.
CEO Hanno Kirner, who headed the company's move to Singapore a few years ago, has reportedly expressed that decisions affecting employees are always difficult. Dyson, founded by British entrepreneur James Dyson, is one of the wealthiest individuals in Great Britain, as per the "Sunday Times."
Despite moving its headquarters to Singapore and having plans to develop an electric car, Dyson eventually abandoned the project. This technological endeavor was one of the reasons why Dyson is known to operate in heavily competitive global markets.
Regardless of its overseas expansion and technological innovations, Dyson remains significantly present in the UK, a country that has been home to many of its electronics and household appliances.
