Ikea to cut 7500 jobs worldwide
Ikea says the cutbacks will allow it to focus “on its e-commerce platform, to better meet the needs of its customers and be more convenient and affordable to many more people”.
The company is opening stores in 30 major city centres to diversify its reach.
Jesper Brodin, CEO of Ingka Group – the largest retailer within the Ikea franchise system – said: “We recognise that the retail landscape is transforming at a scale and pace we’ve never seen before” and Ikea needs to be “investing and developing our business to meet their needs in better and new ways”.
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