Swedish home furnishings giant Ikea said the biggest retailer within its franchise system is to create a net 4,000 jobs over the coming two years as it expands its online presence and opens new shops in city centers to complement its trademark larger stores in the suburbs.
Ikea said the cutbacks at Ingka Group will allow it to focus "on its e-commerce platform, to better meet the needs of its customers and be more convenient and affordable to many more people."