Ikea retailer Ingka Group plans to cut 800 jobs in simplification push

IKEA retailer Ingka Group has said it could region astir 800 roles from its Group functions arsenic portion of a determination to streamline the organisation.

The changes are intended to “simplify” the concern to enactment “faster decisions, little costs and yet little prices for customers”, the institution said successful a property statement.

Ingka Group's main enforcement Juvencio Maeztu, who took implicit successful November, said the organisation had go excessively analyzable for a retail situation that requires velocity and agility.

He commented: “We person grown excessively analyzable successful a retail situation that requires velocity and agility.

“Simplicity is 1 of our halfway values, and with this step, we are putting it astatine the centre of however we organise, enactment and pb the company.”

Maeztu added that the planned reductions were “driven by our purpose” alternatively than a absorption connected maximising profit, and that the institution would enactment those affected.

He said: “Decisions similar these are ne'er easy, and we’ll bash our utmost to enactment our co-workers successful the champion imaginable mode successful a clip of change.”

Maeztu besides said the radical is investing successful reskilling and upskilling.

The announcement comes arsenic Ingka continues to expand. Since 2020, the institution has grown from astir 375 stores to much than 640 lawsuit gathering points crossed 32 countries, including 54 caller locations opened successful the astir caller fiscal year.

In 2025, Ingka Investments acquired logistics exertion institution Locus to amended transportation reliability for Ikea customers.

Ingka precocious said it would aviator caller stores for smaller cities and suburban areas successful North America and Europe. Up to 20 stores are planned to unfastened by September, creating 500 jobs.

It operates nether franchise agreements with Inter Ikea Systems and has 3 concern areas: Ikea Retail, Ingka Investments and Ingka Centres.

The institution oversees operations for Ikea Retail successful 32 markets and represents 87% of the concern area's sales.

"Ikea retailer Ingka Group plans to chopped 800 jobs successful simplification push" was primitively created and published by Retail Insight Network, a GlobalData owned brand.

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