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IKEA franchiser slashes 850 jobs in cost-cutting drive as consumer spending falls

FN·May 18 ago·3 min read
Photograph via Fashion Network
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Inter IKEA, which franchises the Swedish brand in 63 countries, is laying off 850 workers ⁠in a cost-cutting drive as consumer demand falls and the big-box retailer works to become more efficient and bring down prices.

Inter IKEA, which franchises the Swedish brand in 63 countries, is laying off 850 workers ⁠in a cost-cutting drive as consumer demand falls and the big-box retailer works to become more efficient and bring down prices.

Inter IKEA, which franchises the Swedish brand in 63 countries, is laying off 850 workers ⁠in a cost-cutting drive as consumer demand falls and the big-box retailer works to become more efficient and bring down prices.

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