Dyson have announced that as part of a major restructuring programme they will cut more than a quarter of the UK workforce.
Dyson who manufactures vacuum cleaners will axe around 1,000 out of their 3,500 workforce in the UK staff were told on Tuesday.
The firm’s CEO Hanno 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.
“Dyson operates in increasingly fierce and competitive global markets, in which the pace of innovation and change is only accelerating.”
Piers Morgan is leaving Rupert Murdoch’s media empire to take control of his Uncensored YouTube channel, three years after signing a multimillion-pound deal f
Elon Musk’s electric vehicle company has received almost £200m in grants from the UK government since 2016, according to analysis.Tesla, which is run by the
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Piers Morgan, the outspoken British
Music lovers spent a record £2.4bn on streaming subscriptions and physical music last year as the UK music industry finally recovers from the digital revolutio