IKEA Group plans to discharge 7,500 administrative staffs

Flags and the company's logo are seen outside IKEA Group store in Spreitenbach, Switzerland. [Photo: Reuters]

STOCKHOLM- IKEA Group, the owner of most IKEA furniture stores worldwide, plans to cut 7,500 jobs over the next couple of years, mainly administrative staff in central support functions, it said on Wednesday.

At the same time, the group, which owns 367 IKEA stores, estimates it will create 11,500 new jobs in the period as it expands with new store formats and online, grows its service offering and invests in digital capabilities, it said in a statement.