Technology giant Dyson is set to put 240 jobs at risk amid a proposed restructure of the global company.
Staff were told of the company's planned shake-up at its headquarters in Malmesbury on Wednesday (July 11) and were warned job losses were on the horizon.
It is understood not all 240 employees will be hit with redundancy as some will be asked to move to a different office or transferred to partner organisations.
A spokesman for Dyson said the effects of the proposed changes to the company would “regrettably lead to a number of redundancies”.
The spokesman said it had taken the measures to ensure 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,” the spokesman said.
“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 understood that the majority of the job losses will be from IT and accountancy departments.Dyson's expanded campus in Malmesbury - images supplied September 2016 (Image: Peter Landers/Wilkinson Eyre/Dyson)
The firm is globally renowned for applying advanced engineering, design and manufacturing to household appliances, including its famous bagless vacuum cleaner.
It was established by inventor Sir James Dyson, the South West's richest man, nearly three decades ago.
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.
Additionally, although 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.Jo Johnson, then Minister of State for Universities and Science, and Sir James Dyson, breaking ground for the undergraduate village at the Dyson Institute of Engineering and Technology (Image: Martin Allen Photography)
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.
The company recently purchased the nearby 517-acre RAF Hullavington Airfield as a base for 400 members of Dyson’s automotive team.Source