2018-11-22
Sweden's giant IKEA plans to lay off 7,500 employees worldwide by 2020, most of whom are office workers, amid a reorganization to focus on e-commerce.
 
The layoff covers about 5 percent of Inca Holdings, the parent company of IKEA, the largest brand, with 367 stores in 30 countries and 160,000 people.
 
The jobs will be cut globally, but stores and distribution centers will not be affected, the company's director of operations, Tulga Unka, was quoted as saying by Agence France-Presse.
 
IKEA will also employ 11,500 people in the next two years to implement the "Digital Capabilities" and plans to open about 30 new stores.
 
The company is opening shops in city centers in response to changing lifestyle as fewer people own cars