Ikea is to cut some 7,500 jobs worldwide, of which 650 are in Sweden. According to Board Chairman Lars-Johan Jarnheimer, there was no alternative. “It is necessary to constantly adapt as customer needs change.”
In Malmö, Helsingborg and Älmhult, 570 jobs are to go and the remaining 80 will come from around the country. “Structural change” and “improvement” are other words for the digital reset that is going on in the company to deal with a market that is increasingly digital.
Anna Jonsson is a corporate economist at Lund University. She says Ikea has prepared for this over a couple of years and is now implementing the change. “Critics say that Ikea and other big retailers such as H&M are late out with this. I think rather there is an intention behind it happening now. They have done their homework, studied it and worked carefully with this.”
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