Out of these, over 1,000 employees being let go were not meeting the company's heightened performance expectations
Read MoreThe job cuts, which account for about a quarter of Dyson's UK workforce, are part of a broader strategy to streamline its global operations
Read MoreEarlier in 2024, the company cut 2,000 jobs in its gaming division
Read MoreAn unnamed employee of the company told the publication, “I started crying at the meeting. I told them that I was willing to work even at a lower salary and designation.”
Read MoreMany of John Deere's recent layoffs have focused on the production and precision agriculture areas
Read MoreThe mixed reality department, responsible for developing the HoloLens 2 augmented reality headset, is one of the most affected areas
Read MoreThe decision comes as a part of efforts to control operating costs ahead of its initial public offering (IPO)
Read MoreThis shift, while reducing carbon emissions by 5 million tonnes annually, also necessitates a smaller workforce
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