Ikea France plans up to 303 job cuts after two years of declining sales - Fordaq
Article excerpt
Ikea is preparing a reorganization of its French operations that could lead to a maximum of 303 job cuts. The project mainly concerns the head office and certain administrative functions in the brand's establishments. Around a hundred job creations are also planned in professions that the group wishes to strengthen. Announced on October 19, the project is accompanied by an employment safeguard plan. Management indicates that it wishes to prioritize redeployment and internal mobility. Staff representatives are to be consulted over the coming months on the consequences of the reorganization and support measures for employees. For Johan Laurell, CEO of Ikea France, this evolution must simplify the company's operations, shorten decision-making channels, and bring teams closer to field needs. The brand thus intends to adapt its organization to changes in the French furniture market. The project comes after two consecutive financial years of declining revenue. French sales fell by 4.4% in 2024-2025, to approximately 3.5 billion euros, after a 2.6% drop in 2023-2024, to 3.7 billion euros. The results for the 2025-2026 financial year, ended in late August, had not yet been communicated at the time of the announcement. The slowdown in real estate activity and constraints on household budgets are weighing on furniture purchases and home improvement projects. In this context, Ikea is...
Keep reading with a free account
The rest of this article, and every signal for IKEA, is in your free account.
Extracted from this sentence
After Limoges and Le Mans, an opening is planned in Villefranche-sur-Saône in early 2027, while a location in Angers is also among the projects.
