Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
IKEA Communications, producer of the IKEA catalogue, is to reduce its staff by 80 employees in Älmhult, as the company will undergo reorganisation. 50 people will be made redundant, while 30 jobs are relocated to a new site in Malmö. The division remaining in Älmhult will be made up of the production operations, while the creative operations are moved to Malmö. The new organisation is meant to increase efficiency, partly by the closer proximity to the European market.
The reorganisation will be implemented within eight months, in August 2013.
IKEA Communications is a part of IKEA Group. IKEA Group, with INGKA Holding as parent company, is in turn owned by Stichting INGKA Foundation.
Eurofound (2012), IKEA Communications, Internal restructuring in Sweden, factsheet number 74629, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/74629.