Ikea

Type
Internal restructuring
Country
United Kingdom
Region
Location of affected unit(s)
Sector
Wholesale / Retail
47 - Retail trade
47.5 - Retail sale of other household equipment
47.55 - Retail sale of furniture, lighting equipment, tableware and other household goods
300 jobs
Number of planned job losses
Job loss
Announcement Date
10 July 2007
Employment effect (start)
Foreseen end date
1 January 2008

Description

Ikea is cutting 300 UK managerial positions at a time of 'challenging' trading conditions in the home furnishing sector. The positions will go by January 2008, but a spokeswoman said affected staff could apply for replacement jobs. Ikea said in a statement that its UK operations needed to become 'more productive, efficient, and flexible'.

The Swedish group has 15 stores across the UK and employs 9,000 workers. Another two branches will open later this year.

Sources

  • 10 July 2007: BBC Website

Citation

Eurofound (2007), Ikea, Internal restructuring in United Kingdom, factsheet number 65609, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/65609.