Global cuts at Inter IKEA

Inter IKEA is responsible for the development of the IKEA brand, product design, and the global supply chain. The company serves 13 franchisees operating stores in 63 countries. The company's management justifies this decision by citing the need to simplify structures and accelerate decision-making processes. Despite many positive achievements, Inter IKEA Group has become too complex and too fragmented in a retail environment that demands simplicity and speed, said Henrik Elm, CFO of Inter IKEA Group. The layoffs are scheduled in two stages. By July 2026, the reductions will affect over 600 people. Another 250 positions ...