The world famous home of chain enterprises IKEA Group announced in Stockholm on 23 May, to further reduce costs, determine the global retrenchment 5000 people.
Outgoing Group President and CEO Anders · Dayr dimensional lattices on Sweden's daily industry news, market slump of the environment in the face of the global financial crisis remains highly profitable IKEA Group will inevitably be affected, therefore, the company decided to lay off 5000 people worldwide, further compressing the operational costs.
This redundancy is primarily concerned with global 264 1000-plus sales departments and companies belong to Sweden home product manufacturer SWEDWOOD.
Deir means that IKEA Group had never taken such a massive layoffs, although the employees and suppliers is very heavy, but in the face of financial crisis and the reduction in market demand, the company had to seek slash operational costs.
He also said that, in spite of this, the end of August this fiscal year, IKEA Group sales is expected to reach € 215 million. This is mainly thanks to the group in the United States, Europe, China and Russia, and the addition of 22 new stores.
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