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Bowers & Wilkins cuts dozens of jobs after plunging to $8m loss

by Priya Shah – Business Editor

Bowers & Wilkins ​Axes Jobs Following $8m Loss,Ahead of Samsung Acquisition

London,UK – September 22,2025 -‍ Premium audio brand Bowers ⁣& Wilkins ⁤is cutting dozens of jobs after reporting an $8 million loss for the year,as the company prepares for its sale too Samsung ⁤subsidiary HarmanInternational. The job​ cuts, impacting an unspecified‌ number of roles, come despite the firm’s⁣ optimism regarding future growth through⁤ product launches and e-commerce expansion.

The loss ⁣represents a ‌decline of ⁣around 4 per cent​ in ⁣financial performance. However,​ Bowers & Wilkins⁤ directors expressed confidence in the company’s future,⁤ citing planned product ‌launches,‌ e-commerce growth, brand ‌awareness initiatives, an​ expanded licensing portfolio, and synergy benefits as key drivers​ for success in the premium audio and⁤ high-quality headphone markets. The company also ‌highlighted‍ continued ⁣investment in its manufacturing facilities in ⁢zhuhai, China, and Worthing, UK,‍ utilizing ⁤innovative ‌processes and robotics.

The restructuring occurs as US health technology firm Masimo finalizes the ⁢$350 million sale of​ its audio division – encompassing Bowers & Wilkins and Denon – to Harman, which⁤ also owns Harman Kardon, AKG, and JBL.The deal, initially announced in May, is expected to be ⁢completed by the end of⁢ September.

Masimo‌ CEO Katie Szyman⁤ stated the sale aligns with⁢ the company’s strategic refocus on‍ clinical needs and operational efficiencies. “Our consumer audio business and its ⁢talented team ⁣will be well positioned ⁢for growth and success under⁣ Harman’s leadership,” she said.

Bowers & Wilkins’ flagship 801 Abbey road speakers retail for £55,000.

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