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Vacuum cleaner manufacturer Dyson to cut around 1,000 jobs in the UK

WorldVacuum cleaner manufacturer Dyson to cut around 1,000 jobs in the UK

A selection of vacuum cleaners sit in the reception area at the Dyson Group campus in Malmesbury, U.K., on Wednesday, Sept. 26, 2018.

Bloomberg | Bloomberg | Getty Images

Vacuum cleaner manufacturer Dyson is set to cut around 1,000 jobs in the U.K. as part of a review of its business.

The company, best known for its vacuum cleaners and hair dryers, currently employs 3,500 people in the country.

“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 organization, which may result in redundancies,” Dyson’s CEO Hanno Kirner said in a statement emailed to CNBC.  

“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.”

The company said that people whose jobs are at risk would be supported through the process.

 This is a breaking news story. Please refresh for updates.

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