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LONDON - Vacuum cleaner manufacturer Dyson will cut about 1,000 jobs in Britain as part of a global restructuring.
The company, founded by James Dyson, the inventor of the bagless cleaner, employs 3,500 people in Britain, including at its R&D centre in Malmesbury, west England.
Chief Executive Hanno Kirner said on Tuesday: "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."
(Reporting by Paul Sandle in London and Yamini Kalia in Bengaluru; Editing by Varun H K and Sachin Ravikumar)