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Vacuum cleaner maker Dyson to cut 1,000 jobs in UK | Real Time Headlines

A selection of vacuum cleaners are displayed in the reception area at the Dyson Group campus in Malmesbury, England, Wednesday, September 26, 2018.

Bloomberg | Bloomberg | Getty Images

Vacuum cleaner maker Dyson is to cut around 1,000 jobs in the UK, where it currently employs 3,500 people.

The company, known for its innovative hair dryers, air conditioners and other products, said the review of its business comes as it faces “an increasingly fierce and competitive global market”.

Dyson CEO said: “We are growing rapidly and, like all companies, we review our global structure from time to time to ensure we are ready for the future. As a result, we are proposing changes to our organization that may result in redundancies. .

“Dyson operates in an increasingly fierce and competitive global market, where the pace of innovation and change will only continue to accelerate. We know that we will always need to be entrepreneurial and agile – something that is not new to Dyson. “

The company said people whose jobs are at risk will be supported throughout the process. It’s unclear whether global employment will be affected.

The UK is expected to remain an important R&D center for Dyson, which has an engineering and technology institute in Malmesbury, England.

The company’s business review began before former Prime Minister Rishi Sunak called the UK general election in May. Opposition Labor Party achieve overwhelming victory In the vote, the incumbent Conservative Party was overthrown after 14 years.

James Dyson, the engineering firm’s founder and chief engineer, has been an outspoken critic of Sunak, slamming his pledge to make Britain “one” nation.scientific superpower” in a letter The Times of London.

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