Dyson to cut 900 jobs worldwide | UK Market Update

  • Jul 24, 2020 BST
  • Team Kalkine

Face coverings are now compulsory for customers in shops in England, after new coronavirus rules came into force within 12 hours of the government issuing guidance on the change. Coverings are mandatory in enclosed public spaces such as supermarkets, indoor shopping centres, transport hubs, banks and takeaways. Police can hand out fines of up to £100 to those who do not comply. But some retailers have insisted they will not enforce the rule. Guidance issued by the government on Thursday for England states that staff in premises where face coverings are required are encouraged to take steps "to promote compliance with the law" and can refuse entry to people who do not have a valid exemption under the rules.

Dyson is cutting 600 jobs in the UK and a further 300 worldwide as the coronavirus impact speeds up the company's restructuring plans. The firm, best known for the invention of the bag-less vacuum cleaner, said the pandemic was changing consumer habits as more people shopped online. Dyson was founded by inventor Sir James Dyson, who in May topped the Sunday Times Rich List. The company has a global workforce of 14,000, with 4,000 in the UK. Most of the jobs will be lost in retail and customer service roles. A Dyson spokesman said that The Covid-19 crisis has accelerated changes in consumer behaviour and therefore requires changes in how we engage with our customers and how we sell our products.

The United States jobless claims rose unexpectedly for the week ended 18 July 2020, rising for the first time in nearly four months. The U.S. weekly jobless claims rose to 1.416 million from 109,000 in the period prior. As per the data from the United States Labor Department, nearly 32 million people were collecting unemployment checks in early July. Furthermore, the labor market weakness is putting pressure on the Congress to extend the USD 600 weekly jobless supplement ahead of 31 July 2020.

#Ukjobs #Ukbusiness #US #Kalkine

 


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