Technology9/29/2025•The Guardian
Dyson’s profits fall by nearly 50% in ‘difficult’ year
Dyson, the home appliance company founded by billionaire Sir James Dyson, reported a significant drop in profits of nearly 50% during a "difficult" year. The company's revenues declined by more than £500m, and it had to cut more than a quarter of its UK workforce. Despite the challenges, Dyson managed to sell a record 20 million products globally. The company's decision to relocate its headquarters to Singapore in 2019 was part of its efforts to "future proof" the business. The article suggests that Dyson faced a challenging year, with declining profits and revenue, as well as workforce reductions, but the company still managed to maintain strong sales figures.
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