Stockholm — Swedish furniture giant Ikea said on Wednesday that it plans to cut 7,500 jobs worldwide by 2020, mainly office jobs, as it re-organises to focus its business on e-commerce and smaller shops in city centres. The job cuts affect almost 5% of staff at Ingka Holding, Ikea’s parent group. Ikea is its biggest brand with 367 stores in 30 countries and 160,000 employees. The decision to cut jobs was “based on how to lead a more simple, effective and efficient” business. “We have duplicate work throughout the market,” Ingka retail manager Tolga Öncü told AFP. Jobs will be cut across the globe but stores and distribution units will not be affected, he said. Ikea, via Ingka, will, at the same time, recruit 11,500 people in the next two years to meet the company’s “digital capabilities” and its plans to open about 30 new stores. The company, famous for its flatpack DIY furniture, has been opening city-centre shops in response to changing lifestyles, since fewer people own cars. “Th...

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