Furniture giant Ikea plans to cut 7,500 jobs worldwide as part of a
plan to cater more to online customers, the company said Wednesday.
The shakeup at the Swedish firm, first reported by the Wall Street
Journal, shows that even Ikea - known for its massive suburban stores
and affordable assemble-yourself furniture - is not immune to the online
competition that has affected other brick-and-mortar retailers.
Most of the job cuts will not hit Ikea's retail workers, but rather those in office positions including human resources and communications, the Journal said.
Read more: Ikea to slash 7,500 jobs, focus on smaller stores in city centers
Most of the job cuts will not hit Ikea's retail workers, but rather those in office positions including human resources and communications, the Journal said.
Read more: Ikea to slash 7,500 jobs, focus on smaller stores in city centers
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