IKEA puts Russian factories up for sale, plans job cuts - Reuters.com


6/15/2022 12:00:00 AM2 years 10 months ago

IKEA said on Wednesday it would sell factories, close offices and reduce its 15,000-strong workforce in Russia, the latest move by the world's biggest furniture brand to cut its operations there following Moscow's invasion of Ukraine.

STOCKHOLM, June 15 (Reuters) - IKEA said on Wednesday it would sell factories, close offices and reduce its 15,000-strong workforce in Russia, the latest move by the world's biggest furniture brand t… [+2930 chars]

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