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Dyson has been pivoting away from the UK for Singapore, Phillipines, and Malaysia for several years now [0][1], as the skill set in Battery Tech, Plastic Mould

Dyson has been pivoting away from the UK for Singapore, Phillipines, and Malaysia for several years now [0][1], as the skill set in Battery Tech, Plastic Mould Injections, etc are much more available there, and the governments much more business friendly. They moved their HQ to Singapore back in 2019 for that reason. This move would have happened with or without Brexit. Edit: Why the downvotes? Outside of specialized high value manufacturing like Aerospace (Rolls Royce), Power Systems (Siemens, Rolls Royce), and Defense (BAE Systems) the consumer manufacturing skillset is morose in the UK, and engineering talent just isn't there compared to peers like Germany, let alone manufactured powerhouses in ASEAN. And fundamentally, Engineering just isn't respected in the UK and it's reflected by the careers taken up by graduates. They'd rather be barristers, accountants, or financiers earning a £40-45k starting salary instead of £25-35k as an Engineer, and applied engineering programs similar to American Community Colleges+Land/Sea/Sun/Space Grants or Singaporean Polytechnics don't exist anymore. [0] - https://www.ft.com/content/51c2c41a-d8fe-11e8-a854-33d6f82e62f8 https://www.ft.com/content/51c2c41a-d8fe-11e8-a854-33d6f82e6... [1] - https://www.wired.com/story/dyson-moving-hq-to-singapore/https://www.ft.com/content/51c2c41a-d8fe-11e8-a854-33d6f82e62f8 https://www.wired.com/story/dyson-moving-hq-to-singapore/htt...

mmarian 2y ago
Appreciate the level-headed take.
n4r9 2y ago
I think the issue is less about the move itself but how it looks for the CEO in light of various comments he's made over the years. He has a tendency to weigh in on political issues, sometimes in quite a hyperbolic fashion and sometimes in seeming contrast to his actions. For example, in 2000 he said claimed it would be "suicidal" for the UK not to join the Euro currency, but hey look we still have a functioning economy. In 2016 he said that Britain has more to gain from leaving the EU than staying in, yet has since axed over 1500 jobs in the UK and moved the HQ out to Singapore. I wouldn't say this necessarily makes him a hypocrite, it just feels rich that he gets airtime for his questionable views on political topics all the while having basically no skin in the game.

mmarian 2y ago

Appreciate the level-headed take.

n4r9 2y ago

I think the issue is less about the move itself but how it looks for the CEO in light of various comments he's made over the years. He has a tendency to weigh in on political issues, sometimes in quite a hyperbolic fashion and sometimes in seeming contrast to his actions. For example, in 2000 he said claimed it would be "suicidal" for the UK not to join the Euro currency, but hey look we still have a functioning economy. In 2016 he said that Britain has more to gain from leaving the EU than staying in, yet has since axed over 1500 jobs in the UK and moved the HQ out to Singapore. I wouldn't say this necessarily makes him a hypocrite, it just feels rich that he gets airtime for his questionable views on political topics all the while having basically no skin in the game.