MANUFACTURER Dyson is planning on cutting 1,000 UK jobs as part of a major shake up.
The company said it would be axing hundreds of staff due to a global restructure.
Dyson’s chief executive officer Hanno Kirner said the company would support those at risk of redundancy.
The firm, which also makes air treatment and haircare technology, currently employs 3,500 staff across the UK with offices in Wiltshire, Bristol and London.
Mr Kirner said: “We have grown quickly and, like all companies, we review our global structures from time to time to ensure we are prepared for the future.
“As such, we are proposing changes to our organisation, which may result in redundancies.”
He added: “Decisions which impact close and talented colleagues are always incredibly painful.
“Those whose roles are at risk of redundancy as a result of the proposals will be supported through the process.”
Dyson was founded by inventor James Dyson, bringing the world’s first bagless vacuum cleaner to the UK market in 1983.
Last year, the manufacturer announced plans to invest £100million in a new research and development hub in Bristol.
But it came after the firm said in June 2020 it would axe 600 UK members of staff in the wake of the coronavirus pandemic.
At the time, employees spoke of their fury at seeing their employment terminated.
A further 300 members of staff outside of the UK were also told they would be made redundant.
It is not unusual for companies to axe staff as they look to streamline and cut costs.
In February, Sainsbury’s said it would cut around 1,500 roles as part of plans to save £1billion a year.
The supermarket chain said it would axe the roles in its contact centre in Widnes, Cheshire, at in-store bakeries and warehouses.
It said the 1,500 job losses would be subject to consultation, adding the extra money would be reinvested into the business to give customers “great value, quality and service”.
It came after the supermarket unveiled plans to overhaul its supermarkets with a focus on creating more food space.
In July last year, it also announced plans to close 100 UK branches of Argos over the following 12 months as part of a move away from the high street.
It is not just retailers who have been announcing major restructuring plans.
Housebuilder Barratt Developments snapped up rival firm Redrow in February, but the move meant around 900 employees were expected to be made redundant.
Companies can choose to cut their workforce and employees should understand their rights.
You are entitled to statutory redundancy pay, but only if you have worked at your job for two years or more.
The statutory rate is based on your age, weekly pay and number of years in the job.
You will get:
But it’s capped at 20 years and the max redundancy pay you can get is currently £16,320.
Some companies may offer to pay more than the statutory amount. This will usually be in your contract.
Plus, you are still entitled to any pay you are owed for untaken holiday days at the end of your notice period.
The government has a calculator on its website to help you work out how much you are owed.
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