IKEA Will Cut 7,500 Redundant Positions But Forecasts 4,000 Net New Jobs

IKEA Group plans to eliminate 7,500 jobs globally that the company says will become redundant over the next three years. The eliminated positions mainly include administrative staff in central support functions. But the Group, which owns 367 IKEA stores, estimates that it will create 11,500 jobs during the same period, through the opening of approximately 30 new touch points and investments in its fulfillment network and digital capabilities, according to a company statement.

The expected redundancies amount to nearly 5% of the company’s current workforce,…