Sweden Herald - Latest Sweden News | Ikea to lay off 850 people, 300 in Sweden by Sweden Herald

AI generated summary, Read the full article for complete information.

IKEA will lay off a total of 850 employees, including 300 in its Swedish operations, according to Dagens Industri. CFO Henrik Elm said the cuts are part of a push for faster decision‑making, shorter pathways and reduced complexity. This marks the third round of reductions in under two months; in March the company notified 945 workers of layoffs and recently announced the closure of its department store in Borlänge. The latest layoffs mainly affect the Älmhult and Malmö locations.

Read more: https://swedenherald.com/article/ikea-cuts-850-jobs-as-part-of-another-savings-package

#IKEA #InterIKEA #HenrikElm #Sweden #businessnews