Ikea looks to trim staff numbers amid two year transformation plan
Ikea is to make 350 of its UK and Republic of Ireland staff redundant over the next two years as part of a global transformation plan that will see 7,500 positions go.
The group said the plan consists of simplifying its operations and stepping up investments in new and current stores and fulfilment centres, developing city centre formats such as its Tottenham Court Road planning studio, and focusing on online.
Ikea employs 160,000 people across the world.
Javier Quinones, UK and Ireland country retail manager said it was responding to a ‘fast-changing retail environment’. ‘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. We are confident these changes will secure the future of Ikea and will benefit its customers and ultimately its co-workers.’
Ikea will open a store in Greenwich, London next spring and there is planning permission of a branch in West Sussex, with construction work on the development scheduled to start in 2019 (pictured).