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Wednesday, 11 July 2018 05:59

Dyson restructure will 'regrettably' lead to job losses Featured

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DYSON has confirmed that staff have been told of a proposed restructure that will affect 240 people within the company globally.

The technology company, whose headquarters and university is based on a 75-acre campus in Malmesbury, is understood to have notified staff yesterday about changes to the organisation, which would include redundancies.

According to a spokesman for the company, not all of the 240 employees would be facing job losses. Some would asked to move to a different office and others would have their jobs transferred to partner organisations, while continuing to work for Dyson.

The spokesman said that the effects of the proposed changes to the company would “regrettably lead to a number of redundancies”, but that this was needed to ensure that the company would remain “fit for the future”, after a period of rapid growth.

“Dyson has grown rapidly over recent years and our success has delivered many benefits, however it has also added some complexity. To be fit for the future we must make some changes to concentrate our resources on technology and product development. Most of the changes are very positive, but others are more difficult.

“We are proposing a restructure in functions where growth has caused an expansion of roles.”

“Regrettably this would lead to a number of redundancies, largely in our middle-management and non-engineering roles.”

It is currently unclear how many of the 3,000 employees based at the Malmesbury site will be affected, although it is understood that the majority of the job losses will be from IT and accountancy departments.

The company was quick to debunk any concerns that the international organisation may be in any kind of financial difficulty, citing figures that show an increase of turnover in 2017 of 40 per cent to £3.5bn.

Although the Dyson has offices globally and 73 per cent of growth has come from the Far East, recent developments and acquisitions in Wiltshire have been used as evidence of the company’s commitment to maintaining a strong presence in the area.

In September 2017 the Dyson Institute of Engineering and Technology opened on the Malmesbury site, as part of a £31m investment into UK higher education to help overcome the shortage of engineers it experiences in the UK.

Additionally, the company recently purchased the nearby 517-acre RAF Hullavington Airfield as a base for 400 members of Dyson’s automotive team.

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Malmesbury Gazette & Herald