IT has been announced that major employer and technology company Dyson is planning to axe more than a quarter of its UK jobs.

The vacuum cleaner manufacturer is to cut around 1,000 of its roughly 3,500 jobs in the UK, it told staff in an email this morning, Tuesday, July 9. 

The company, which also makes air treatment and hair care technology, has sites in Malmesbury Hullavington, London and Bristol.

"We are proposing changes"

Chief executive Hanno Kirner told employees: “We have grown quickly and, like all companies, we review our global structures from time to time to ensure we are prepared for the future.

“As such, we are proposing changes to our organisation, which may result in redundancies.

“Dyson operates in increasingly fierce and competitive global markets, in which the pace of innovation and change is only accelerating.”

Dyson was founded in 1991 by inventor Sir James Dyson, who is currently ranked fifth on the Sunday Times Rich List with a personal wealth of £20.8 billion.

Earlier this year in January, Sir Dyson was given the green light to donate £6 million to Malmesbury Primary School after a row with Wiltshire Council. 

Initial plans include building a centre for science, technology, engineering, arts and mathematics (STEAM) centre, seven classrooms and a school hall

Meanwhile, the company also previously announced plans to invest £100m in a new research and development hub in Bristol.