Revenues down more than £500m after company cut more than a quarter of UK workforce
Profits at Dyson nearly halved during a “difficult” year in which the home appliances business, founded by the billionaire Sir James Dyson, cut more than a quarter of its UK workforce.
Dyson, which has been based in Singapore since 2019 in a move to “future proof” the company, said it had sold 20m products during the year, more than ever before.