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Thursday, 13 Dec 2018

At least, 350 of Ikea in the UK are facing redundancy as part of its global transformation plan

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Ikea Ikea

News24xx.com -  Ikea, the Swedish home retailer has said 350 of its employees in the UK are facing redundancy as part of its global transformation plan.  Ikea expects 7,500 jobs to be cut across its operations as it simplifies the organisation.

Javier Quinones, country retail manager for Ikea in the UK and Ireland, said the company had to make difficult decisions as it adapts to a fast-changing retail environment.

Quinones said, "Co-workers are at the heart of our business and throughout this transformation we will have an ongoing dialogue on how to navigate these changes, to ensure we do this in a way in line with our values and ensuring that our co-workers feel supported."

The company also said it will create 11,500 new jobs over the next two years through new openings and investment in delivery and digital operations. This includes 500 new jobs at the UK’s newest store in London’s Greenwich, which is due to open in Spring 2019. 

He said, "We are confident these changes will secure the future of Ikea and will benefit its customers and its co-workers."

The UK capital is also home to a new Planning Studio on Tottenham Court Road, as part of a push towards opening smaller format stores in city centres. 

However, in May the group ditched plans to build a store near Preston amid uncertainty on the British high street as retailers are hammered with soaring costs. 

Ikea had planned to open the store in 2020, and creating 350 jobs.

 

 

 

 

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