HomeJobsDyson to Cut About 1,000 UK Jobs as New CEO Reviews Strategy

Dyson to Cut About 1,000 UK Jobs as New CEO Reviews Strategy


Related stories

ESA and UK Space Agency increases jobs at satellite laboratory

ESAMore than 100 new jobs are set to be...

Hull-based Halocycle crowned UK Tech Innovator 2024

Halocycle, a Hull-based technology scaleup which carries out advanced...

Video game strike warnings and Call Of Duty controversy as AI claims more jobs

Workers across the games industry have expressed their concerns...

Legit Non UK Casinos – Trusted Gambling Sites Outside UK

Though great, there are a lot of non UK casinos...

UK business activity expands in ‘encouraging start to second half of year’

UK business activity expanded this month after a sharp...

Dyson Ltd. is set to cut about 1,000 jobs in the UK, almost a third of its workforce there, as part of a broader restructuring at the home and beauty appliances manufacturer.

Dyson informed workers on Tuesday and plans to maintain its research and development hub in the country, a person familiar with the announcement said, asking not to be identified because talks with employees are ongoing. The company has 3,500 employees in the UK and reported 14,000 globally as of the end of last year.

“We have grown quickly and, like all companies, we review our global structures from time to time to ensure we are prepared for the future,” CEO Hanno Kirner, who started in the role earlier this year, said in a statement on Tuesday. “As such, we are proposing changes to our organisation, which may result in redundancies.”

The Financial Times first reported the cuts.

Dyson was founded in Malmesbury, England in 1991 by billionaire James Dyson, coming to prominence for its bagless vacuum cleaners. It has expanded into other household items such as air purifiers and hand driers in the last two decades.

More than half of the company’s sales now come from Asia Pacific and in recent years the company has expanded its manufacturing presence in countries including Singapore and the Philippines. Founder Dyson announced plans to move the company’s headquarters from the UK to Singapore in 2019.

By Yazhou Sun

Learn more:

The Hair Tools Space Heats Up

With new players like Shark and Dyson making blow dryers and stylers, the hair tools segment is in the midst of an innovation push the likes of which it hasn’t seen in decades.

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories