image credit: Flickr

Ikea to close only US factory, cut 300 jobs

July 16, 2019

Ikea’s announcement to end production at its Danville, Virginia, Ikea Industry unit comes after the furniture retailer previously said it would cut 7,500 jobs in a restructuring effort. The job cuts announced in November, however, were mainly toward communication, human resource and administrative roles, according to a Wall Street Journal report. In December, the Danville unit began to experience cuts as well, though, with 90 reported layoffs.

Read More on Retail Dive