The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Wholesale / Retail 47 - Retail trade 47.5 - Retail sale of other household equipment 47.55 - Retail sale of furniture, lighting equipment, tableware and other household goods
148 jobs Number of planned job losses
Announcement Date
17 March 2009
Employment effect (start)
17 July 2009
Foreseen end date
17 September 2009
Description
IKEA is a major retail group in furniture and household goods, with a workforce of around 128,000 in 24 countries. The job reduction at the warehouses in the units of Torsvik and Älmhult is due to three factors: internal streamlining, the development of the supply chain and a weakening demand.
Sources
18 March 2009: Svenska Dagbladet
Citation
Eurofound (2009), IKEA, Internal restructuring in Sweden, factsheet number 68706, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/68706.