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

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 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.