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- เผยแพร่เมื่อ 8 ก.ค. 2024
- About 1,000 UK jobs are at risk at Dyson as part of a global restructure.
The firm, best known for the invention of the bagless vacuum cleaner, said the decision was made amid fierce competition in global markets.
The move would ensure Dyson is "prepared for the future", CEO Hanno Kirner said, adding it will be supporting those at risk of redundancy.
Dyson has 3,500 UK employees and offices in Wiltshire, Bristol and London.
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#Dyson #UK #BBCNews
Remember, this is a man who was pushing for Brexit.
I don't think that had anything to do with it. As I believe they were discussing the move many many years before brexit.
Don’t cry about Brexit. Dutch politicians almost pushed ASML out of our country due to something that caused higher costs for ASML. NL is still in Europe and they are destroying the country by impossible bureaucracy for bigger companies. What happens? They (tend to) leave the country. Not only due to leaving Europe.
@@luuk6718 ASML are extremely unhappy. Their biggest market was China, but they were banned from supplying EUV. ASML are setting up facilities in China though and it is possible they will jump ship, but their problem is they themselves rely on US technology which comes with strings attached. China could one day replace ASML's business. They sit between a rock and a hard place.
James Dyson should be embarrassed and shamed. He's so two-faced it's actually wild. One minute it's we'll stay in the UK and support Brexit and the next it's move everything to Malaysia because it's cheaper and the Singapore workers don't even know what's going on they just know how to engineer so that's ok.
@@user-iq7en1lg3i You call me naive yet you're Korean, not even British... Why does it bother you to the point you feel you have to have a say on the matter?
@@user-iq7en1lg3i Korea has nothing to do with Dyson or Brexit, your point makes zero sense.
@@user-iq7en1lg3iYes because I can see through your screen. Literally just clicked on your channel and was flooded by a load of Korean stuff. Never said you can’t comment on a TH-cam video but confuses me why you come in with such hostility and self inflicted right of way when you’re not even British or Asian.
@@user-iq7en1lg3i Why do you keep going on about people being “naive” as well? The word you’re looking for is ignorance for future reference which I’m not. Naive means a lack of experience and I doubt you have the experience of being a billionaire and owning a multi billion pound company just like I don’t…
Not cheaper, Labor and rental costs in Singapore are approximately 80% higher than in the UK.
He championed brexit, then buggered off when it failed. What a horrible man.
Not happy with Brexit then?
Only fools are happy with Brexit. Only fools think it's working just fine. Oh to be a fool and a tool
Brexit was 8 years ago. What more recent event could there be that prompted this? Hmmmm. Nothing springs to mind...
Exactly. He was one of the pioneer's of Brexit
Brexit? Labour government more like.
@@fumurph
Brexit was *FOUR* years ago, and it's very telling that the Brexiteers are still speading lies and disinformation. But of course that was what the whole campaign was about, and your puppet master in the Kremlin is still rolling on the floor when he thinks about his brainless lemmings who so willfully jumped off the cliff.
Dyson products are too expensive and other brands are cheaper and just as good.
Miele are better.
First he ships production abroad, now this.
How greedy does one need to be for profits
Greedy for profits??? You can never have enough profits!!!!
For many, the sole purpose of a corporation is to deliver shareholder value. They have no loyalty.
@@mtawali13
😂😂😂😂
Indeed!
Think of the pension funds!
Lowering costs, increasing sales and therefore increasing net profit is what business leaders are supposed to do. However, in the case of Dyson, he was an advocate of Brexit and all the benefits it was claimed to bring and at its core, a belief in the UK. It is this hypocrisy of James Dyson of supporting Brexit and then making decisions that suggest that he never believed in the imagined 'Brexit benefits' at all. This is what I find incredibly irritable about this man and not so much his business decisions. Although his business decisions also do reflect that he cares very little about supporting the country he was so keen to see leave the EU.
He's a brexiteer, he'd happily sell us all down the river if he could make extra
I restructured Dyson out of my life years ago, fed up with their dud products.
Oh cool. Another company that values money over people 😂.
Name a single company that doesn't.
Yes please! I want better returns on my Dyson shares :D
I'm a person, you want to send me some of your money? Don't you value people over money?
@@LizardGulps Go meet some people more often, and you will discover that the majority are in fact quite worthess.
nobody stopping you giving your money to these people ;)
Bought a Dyson vacuum about 14 years ago. I can’t get parts to fix it. Bought another one and it was terrible compared to the first one. Will never buy another Dyson product ever again. Hype over substance.
Same for us, we ended up getting a cheap plug in vacuum that works 100x better.
they fall apart right after warranties are expired
Get a Miele cat and dog you won’t look back have both Miele and Dyson but it’s only a toy compared to
Why do you cry? Don’t you have enough money to buy new one??
Don’t you live in a richest country?! 😂
Dude, I've never heard of a vacuum cleaner that's broken, unless it's 30+ years old. You got scammed!
That's what u call a brexit dividend
Move your company to Singapore to benefit from special arrangement between EU and Singapore.
Now sacks most of the UK workforce 😂
Brexit was 3 years ago. Could there be anything that happened in the intervening time that prompted this? Something more recent perhaps? Hmm. Nope, can't think of any big UK political changes recently. Must be Brexit...
@@fumurphThey did not just choose to leave because British people voted for Labour. It is profit related. They always had this plan. Businesses think in business
@@txbre8758 and you don't think a landside victory for a less-business-friendly government is a big deal for businesses? Come on.
@@txbre8758Yes and businesses in UK are going to leave because Brits just put a Marxist on power. Duh. There will be more. Investors are looking elsewhere. Oh well.
@fumurph go away with your child level reasoning.
It's sad but Dyson products quality has decreased over the years. They cheapened out on something and they just don't last anymore.
Agreed. My British -made model, made in 1997, is still working as well as the day I got it, from a charity shop, back in December 2003.
@@keithmartin1328that's pretty amazing actually 😯
@@sagebreeze He is using it as a hat stand but it works fine 🤣
Yes that’s true, Dyson are like Apple and are about consumers replacing every 2 to 3 years as they do not want products to last!
This is not the first time they've removed a human workforce from their company to save money they should be ashamed of themselves and Dyson should be fined millions
Why I won't buy anything with his name on it.
You start a business then
No one cares
What do you buy instead?
@@CHMichaelI don’t have one but Miele is meant to be good.
@@shadowguard3578
Nah, just more hyped up stuff.
Dopey chattering class housewives just want bragging rights.
Nothing wrong with British kit.
Not surprised after they moved their headquarters out of the nation.
Why would any company choose to do business in the UK with insane tax and regulation?
We are starved of industry and every government is openly hostile to it.
James Dyson is the most patriotic Brit I have ever seen. Old guy moved his company so it wont be burden for his country. 😂😂😂
Dyson, put our name on it and add £300 to the price... genius!!
Notorious pro-Brexiteer ditches the UK. Shocked I tell you, shocked. Also shocked at the quality of Dyson's vs their "are they taking the piss?" prices. No better quality than any other frankly.
We purchased a Dyson a few years ago and it was horrible. Always getting blocked up and a totally awful battery life. This man has sold poorly made products and made billions now he’s again showing his true appreciation for his home country. His wretched Hoover even gave me a blister on my thumb.
We will never buy Dyson again, overly expensive, useless.
All about the Henry’s mate. They don’t actually need bags and they’ll even suck up water.
Following Dyson's decision to shift its operations offshore, it's clear that the company's commitment to the UK has wavered. Given this, anyone who continues to purchase Dyson products should reflect on their support for a company that has abandoned the country. Moreover, the recent loss of over 1,000 UK jobs is a stark reminder of the consequences of this decision. As a result, it's reasonable to suggest that the entire UK population should consider boycotting Dyson products in protest, sending a strong message that the company's actions have not gone unnoticed or unchallenged.
Oh no, anything but that. Dysons core customer base is in asia. 😐What would you do?
agreed! I’m team Henry / Shark
You should boycott corrupt Politicians who ruin the Economy which forced dyson to do these if you want real results from your boycott
To be honest, UK and Europe for that matter is a dying market. Another point: UK workers have priced themselves out globally.
@@eightssixyou're in favour of low wages then? Presumably a business owner?
Buy a Henry!
That really sucks
And, it blows.
I can't tell if you're making a pun or actually saying that it's a shame lol.
Ah...you beat me to it.
Nope, it vacuums !
Never bought any overpriced items from them, never will.
‘Fools and their money will soon be parted. Image. Snobbery. Keeping up with the Jones’s. Advertising. Over what? Machines that suck or blows.
If you have to cut 30% of your work force you’re a terrible business
Swimming in profits for years 😂 illusions 😅
Billions in profit and they lay off 30% of uk staff? This is why employees can’t be loyal to their companies any more. Boycott Dyson
Malaysia is 25% in cost over Singapore.....Dyson is a tax dodger..
"Henry is the best vacuum; it is suitable for everything, both at home and on construction sites, and the price is affordable.😀👍👍
Enjoy your automation.
Does the UK tend to do massive layoffs often like we do over here in the states?
Check populations nothing is large in England compared to America
@@kencook7924 genuine curiosity. I'm not educated on the workforce laws or practices outside of the US.
@vr6one name the company in America that did the massive layoffs and we'll compare them
@@kencook7924
Halliburton
Tesla
GM
Stellantis
Ford
IBM
Google
Zoom
UPS
HP
Most major banks
You want more?
@kencook7924 tesla just let 10% go .... restructuring, not necessarily shrinking the workforce.
( they will ad positions where seeded)
I just hope everyone remembers this when buying a vacuum cleaner.
"Global restructure" = "We want slaves"
Yet another proof of corporate greed 🤔🙄?
Looks very much like it 😤😒!
BREXIT is the gift that keeps on giving.
What Brexit ? Name only . You seemed to not worked it out
Dyson is a true patriot so he tells us.
If you thought their vacuums were crap now, just wait...
1:51 He critises working from home... but says that 1:57 the company will be investing in "modern" places? Well, he seems very unaware of current market dinamics, but fact is the modern places are in favour of working from home, since that's just a huge increase in quality of life for the employees.
How can someone with such a big company like Dyson make such a stupid comment? 🤔
Oh, that really sucks...
This is not unique at all. Same pattern can be observed here in Europe
They need to Hoover up greater profits.😂
Expensive products that don't last long. Always found them in the garage.
That really SUCKS,😯
What does that mean
Is Mr. Dyson just threatening the new government? Opening the bargain table.
The rich's attempt at bargaining is just: "do exactly as I say or I'll leave and/or won't invest".
I get you shouldn't just purposely anger them but their demands are completely unreasonable.
Everyone else is expected on average to pay more and accept reduced living standards. The rich go out of their way to pay people to "minimise their tax liability" (or dodge tax to you and me), and yet they still complain that their ever increasing living standards aren't increasing fast enough.
It's a disgrace. We're one of the richest countries in the world, and yet it hardly feels like it because the rich just hoard their money at the public's expense.
Half the continent has high speed rail for instance, we invented/publicised the things, have a lot milder geography than say France, Italy or Spain, and a higher GDP per capita, and yet we can't afford it and they can?
The British people are being treated like complete mugs.
After the CEO promised historically that future Singapore move would not cost jobs in the UK....
Till this day. I don't understand the people who fell into the gimmick of paying 6 times the cost of a regular fan for much weaker fan.
Dyson used to be the one most innovative in their field & charged the prices to reflect that. But in recent years, their
competitors caught up which no longer justifies the price differential. So I am not surprised that they are restructuring!
well that sucks.
That literally sucks. Blaming and punishing workers for poor management.
Maybe decling consumer interest in Dyson products has something to do with it? Cheap plastic at stainless steel prices.
Now they can become artists, actors, architects, musicians, influencers ...
I'm from Swindon in uk before brexit. Companies looked for work force desperately giving out benefits for new starts after brexit literally more than 10 companies closed down! 10 and these companies are only 10 15 minutes away from mine.
Dyson products are selling very well in Asia.
They aren't cutting it. They are moving to Singapore
I feel it would be prudent for Labour to order a thorough review of Dyson's tax record.
Go ahead, he will just shutter the rest of the workforce in the UK in response and then Labour can hand out more benefits. He will move everything to Singapore, and the people left behind will just be poor.
@@starventure So Billionaires should be beyond accountability. Got it, wash the boot polish out of your mouth, idiot.
Uk corporation tax is like 20%. Is that high? Honestly, there are robots which moo and go upstairs. I think it’s a bad move to move out of the uk.
You should add labour cost as well
UK Corp tax is currently 25% since 2023, this is the highest rate since 2011 (all time low was 2017-22 at 19%).
To answer your question, the current corp tax rate is high and 6% increase is noticeable.
Edit:
Singapore also has a lower Sales tax rate (9% vs 20%) and a lower corp tax rate (17% vs 25%).
Whoa, that really sux.
I once bought a Dyson vacuum cleaner for my mum, she hated it. So I started vacuuming for her, and I never wanted to strangle an appliance before like I did with such brilliance overburdened by so much hardware design stupidity.
Traitor!
Every major corporation will do what it can to undermine a Labour administration in Britain, exactly as they undermine Democratic ones in the U. S. Whether by manipulating job growth numbers, or the price of fuel, or by denying fast-track negotiation authority, for just a few examples-economic outcomes are, largely, bought and paid for. Nothing has changed for the worse in the British economic landscape since the election to legitimately blame on the new prime minister, but job growth numbers will be used to paint him as inept-unless he comes to an agreement with the owners.
See I always assumed Mr Dyson didn't want people to buy his products which is why he prices his products at a stupidly high price. Didn't realise he was trying to sell them with that said maybe he should put the cost of his products at a more reasonable/realistic/competitive price and he may make some pennies and be able to pay his staff.
Brain: Don’t say it 🫢 Don’t say it 🫣 Don’t …
Mouth: Welp, that sucks 😜
Brain: I give up 😒
They've definitely got the wind up!😂
What do you think Ferris is going to do?
Well, shake it up, baby, now (shake it up baby)
Twist and shout (twist and shout)
Why work force reducing because too many workers to support. Mostly any company change is related to.
Wow.
They don’t make washing machines anymore!! Shows the news correspondent doesn’t know the brand.
That really SUCKS
My Dyson broke… they told me they don’t have any batteries or my model to replace.. they said stay tuned whilst I have pets in my house… fml now I know why
Look at that proud smile!
Job lays offs now then next quater reports increased profits 😂 very common tactic😅
The 1000 job losses in the UK may lead to job creation in Malaysia and the Philippines due to lower wages.
Why doesn’t he spend some of his own billions and keep the workers?
Well, what a surprise!
Brexit means brexit. Those jobs can go abroad. So foolish.
If you don’t pay full tax in the UK you shouldn’t be allowed to sell your products in the UK.
Why ? Because they moved to singapore ?
Why does ANYONE buy anything built by Dyson? (I certainly don't any more...)
UK heading into oblivion.
Good luck to the workers.
I remember seeing a lot of job postings in the Philippines for embedded systems engineers a few years back. I’m happy for my home country, but I feel bad for the Brits. Seems like you can’t catch a break since Brexit.
Dyson does this every 6 years. Nothing new here.
Does it happen in uk every 6 years? I am an employee and not impacted. Is there a chance they will do again?
Percentage of STEM graduates:
Malaysia 43.5%
UK 22.8%
I’ll reduce the Dyson products in my home by 50%.
Just like all our clothes are made abroad in middle eastern countries
Dyson: Brexit!
Brexit: Fallout
Dyson: lol i'm still filthy rich
Sir James Dyson was one of Britain’s biggest Brexit cheerleaders and now he’s slashing jobs in the U.K. I guess he can explain his motives on both topics!
First he ships production abroad, now this.
How greedy does one need to be for profits .
Will never buy this product because of
Every business focuses on profit. UK's corporate legalities are too much for a business to be sustainable. SEA has cheaper labor, closer to suppliers, better market. It has every benefit a consumer business would want. I think any business is doomed to fail if they don't see that. Dyson sees it and goes along with that direction. it's a win in all angles. Many other western companies also do so.
🎼 HaTe ToO sAy I tOLd YoU SoOoO!? 🎼
I will not ever buy a Dyson again. I originally stuck with their prices because they invested I. Training and jobs. No thanks. What a greedy man.
I thought he was all for made in Britain with brexit and all
Had the products been all that and a packet of crisps, Brits would be dysoning rather than hoovering.
never bought a dyson and will never!! Their prices are simply exhorbitant!!!
Pushed for Brexit, then moved the Dyson HQ abroad now cutting jobs in the UK screw this guy
smart man. Instead of looking at how much you don't like him, wonder why the best choice a smart person makes is to leave?
Welcome Dyson
He just used all these things as excuses for the company's failure to compete.
Don't blame James Dyson - it makes sense to move to Asia - after all - there is the ASIAN block - which is like the EU - but England has left the EU....and consequently reduced marketing opportunities - so ASEAN offers better sales opportunities. Also, UK laws hamper businesses, as opposed to helping them. I think you'll see more companies fleeing the UK...used to be good...but not anymore - especially when 1:3 work applicants fail drug tests - and the level of education in the UK is appalling! 🤔🤔🤔
The way to deal with the likes of Dyson is to veto his products.
Personally I would exile him and impound his company assets. Convert the business into a " Workers Co-operative". Let the people that create the wealth benefit from it.
Please report the wrongdoings of the Japanese Ministry of Finance. Please report the wrongdoings of the Japanese Ministry of Finance.
huge tax penalties for moving workers overseas.
Huge tax benefits by
moving companies overseas
The fired workers will move to the competitors of Dyson.
No they won't.
They'll be on the dole.
Not really. There isn't many competitors based in UK. Most others are German.
@@t1n4444 People who want to work and improve things will find jobs.
People who can't be arsed to work will drain their taxes.
Perfectly balanced, as all things should be.
@@vaust3026
Very possibly.
However it may not be the easiest exercise if no similar paid employment is near to you.
Could mean relocating, buying/selling house, moving children to new schools, perhaps a new job for the husband/wife.
Rather them than me.
Competitors of Dyson are too smart to be based in the UK. Labour government, outrageous taxes, lazy workers prone to voting for whoever promises them the most, one major city running the rest of the country...yes, what a paradise to do business in!