Dyson to cut around 1,000 UK jobs

In total, the company has 3,500 UK employees with offices based in Wiltshire, Bristol and London.

Hanno Kirner, Dyson CEO, said the company would support those at risk of redundancy.

He said: "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. As such, we are proposing changes to our organisation, which may result in redundancies.

"Dyson operates in increasingly fierce and competitive global markets, in which the pace of innovation and change is only accelerating. We know we always need to be entrepreneurial and agile - principles that are not new to Dyson.

"Decisions which impact close and talented colleagues are always incredibly painful. Those whose roles are at risk of redundancy as a result of the proposals will be supported through the process."

The manufacturer, famous for their vacuums said the cuts followed a review of its global workforce needs.

Staff were informed this morning about the redundancies, which aim to reduce the company’s 15,0,000-strong global workforce, according to The Times.

All roles in the UK are expected to be at risk, including those within management.

he company has not revealed how many roles would be cut across the global workforce but said reviews will be taking place on a country by country basis.

It is believed that the UK will remain a vital centre for its research and development operation despite the cuts.

The campus at Malmesbury in Wiltshire will also continue to be home to the Dyson Institute, which provides undergraduate engineering programmes.

Dyson was founded by inventor Sir James Dyson, who donated £6million in January to fund a Malmesbury Primary School.

The company has grown beyond its initial specialism of vacuum cleaners into products including hair dryers, fans and air purifiers.

LATEST DEVELOPMENTS:

• Aldi announces new stores to open across the UK 'in coming months' - full list of openings
• Relief for pension savers as Reeves pledges to 'turn attention to pension system'
• Major high street bank cuts savings interest rates to sub-4% in blow to customers

Last year Dyson announced plans to invest £100million in a new research and development hub in central Bristol.

The firm cut 900 jobs in the coronavirus pandemic saying people were changing how they bought products.