Ikea axing 350 United Kingdom jobs

  • Ikea axing 350 United Kingdom jobs

Ikea axing 350 United Kingdom jobs

Although on a global level, 4,000 more jobs are forecast to be created than cut over the two-year period, it is unclear how the roles will be distributed across the different countries Ikea operates in.

Ikea said the cutbacks at Ingka Group 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".

Ikea is slashing 7,500 jobs around the world as the Swedish furniture giant scrambles to adapt to rapidly changing consumer trends.

Ikea now employs 730 staff at its two outlets here - the full-sized store in Ballymun and its order and collection point in Carrickmines, South Dublin.

But IKEA's Ireland Market Manager Claudia Marshall said the impact of the cuts on its Irish business will be "minimal".

"This is not geared towards the store operation or distribution units", he said in an interview.

Ikea employs 350 people at it's newest store in Exeter which opened earlier this year. "And, to be honest, now we see that in several parts of our organization we have a bit of duplicate work", Chief Executive Jesper Brodin told Reuters.

The measures are part of global plans that Ikea predicts will see thousands of redundancies but will also create 11,500 jobs in different parts of the business too.

"While the opportunities ahead of us are exciting, we know that some of the changes won't always be easy and in some cases, we will have to make hard decisions".

The new jobs include 500 at the UK's newest store in London's Greenwich, which is due to open in Spring 2019.

"This is for the first time we are experimenting with smaller format stores", said Peter Betzel, CEO for Ikea India.

But Mr Quinones said not all city centre stores would be as small as the Tottenham Court Road model.