IKEA Group intends to cut 150 jobs in Europe

The Netherlands furniture group IKEA, which owns and operates 362 IKEA department stores in 29 countries, announced its intention to cut 150 jobs in Sweden, the Netherlands and Belgium as part of the plan to reorganize global functions. The Swedish business newspaper Dagens Industry writes that the most jobs will be cut in Sweden - 110. The newspaper quotes the words of one of the leaders of the IKEA group, Tolga Öncü: “It is about changing the focus of the last 74 years from one channel of sales to a multi-channel business model”. According to him, the concern will deal not only with sales in traditional department stores, but also with the expansion of electronic services, as well as the creation of other forms of its stores.

The information and recommendations contained in this analytical document are published strictly for information purposes and are not considered as an offer to buy or sell the trading tools mentioned above and are not intended to motivate to perform certain transactions
Something went wrong