Dyson

Billionaire James Dyson to take £225 million dividend as payout rises

[LONDON] James Dyson’s namesake vacuum-maker is boosting its annual dividends to the billionaire’s family holding company, reversing a recent trend of declining payouts for Britain’s richest person.

Malaysia is home to Dyson’s second-largest global hub, bolstered by research, design and development teams in the Philippines and Singapore.

Dyson dials back Malaysia hairdryer operations, redeploys staff

DYSON is dialling back its hairdryer-related operations in Malaysia, according to sources familiar with the matter who declined to be identified discussing matters that are private, as the consumer go...

James Dyson is the UK’s wealthiest resident with a fortune of US$21 billion, according to the Bloomberg Billionaires Index.

UK’s richest man says ‘spiteful’ tax hikes will kill off growth

THE tax hikes on UK businesses in Chancellor Rachel Reeves’ first Budget will lead to the “death of entrepreneurship” and could “kill off” growth, according to James Dyson, the billionaire founder of ...

Kathleen Pierce, president of Dyson Beauty, pictured with one of Dyson's new range of haircare products.

Is Dyson’s pivot to consumables a prescient move or misstep?

WELL-KNOWN consumer electronics giant Dyson is expanding into haircare and beauty products, with its first haircare product line, Chitosan, launched in Singapore in late August.

Dyson was criticised by the United Workers of Electronics and Electrical Industries for giving the labour union short notice of its retrenchment exercise.

Dyson’s notification of retrenchment was in compliance with law: MOM

The period of notice to union is negotiable because the retrenched employees are PMEs who are not unionised and not within the scope of the union’s collective representation

The United Workers of Electronics and Electrical Industries does not know the job levels of the affected workers.

Labour MP raps Dyson over layoffs of Singapore workers

Queried by The Business Times, Dyson reiterates on Wednesday that it is not disclosing the number of workers affected

A union the company signed a collective agreement with expressed disappointment at being given only one day’s notice of the exercise.

Dyson, Shein, Ninja Van layoffs: What rights do workers have when the axe falls?

A SURPRISE move on Oct 1 by consumer electronics giant Dyson to retrench staff has put the topic of layoffs in the spotlight again.

Dyson is known for its high-end consumer electronics with sleek industrial aesthetics.

Dyson retrenches workers in Singapore, gives union only one day’s notice

The company had in July said that Singapore was not directly affected by its announcement to cut about 1,000 jobs in Britain

Dyson employs 3,500 people in Britain, including at its R&D centre in Malmesbury, west England.

Dyson to axe around 1,000 jobs in Britain

VACUUM cleaner manufacturer Dyson will cut about 1,000 jobs in Britain, more than a quarter of its workforce in the country, as part of a global restructuring.

James Dyson is shifting ever-larger sums out of his namesake firm as he expands bets across finance, real estate and agriculture to diversify one of the world’s largest fortunes.

Vacuum King Dyson boosts US$16 billion fortune with mega dividend

JAMES Dyson’s technology firm shifted another 10-figure dividend to his family holding company last year as the vacuum magnate accelerates building up his fortune outside his largest asset.