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The Guardian - UK
The Guardian - UK
Technology
Rob Davies

Dyson’s profits fall by nearly 50% in ‘difficult’ year

The Dyson logo appearing on a product
The firm moved to Singapore in 2019 in order to ‘future proof’ the business. Photograph: Damir Šagolj/Reuters

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.

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