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IKEA aims 10-fold rise in India workforce to 15k as it plans global layoffs

The company intends to reach 200 million Indians in the coming three years through different channels as it looks at India as a new and expanding retail market

  SwedishfurnituremajorIKEAonWednesdaysaiditsemployeecountinIndiamayseeaten-foldriseto15,000infuture,whereasthecompanymaylookattrimmingaround7,500jobsgloballyaspartofrestructuring. Also,IKEAsaiditisontracktoinvest1.5billioneurosinIndiaandaimstobepresentinmanycitiesinthecountryinthecomingyears.   InAugust2018,theglobalfurnituregiantopeneditsfirstIndiastoreinHyderabadandislookingtoenterMumbainextwithonlineandstores. Thecompanyintendstoreach200million ...