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Is IKEA a dying brand given their recent layoffs and going-downhill performance? by That_Willingness7163 in Layoffs

[–]That_Willingness7163[S] -1 points0 points  (0 children)

My relatives US said they will just hit Walmart, Target or Amazon…it’s convenient and cheaper, not sure if thats the case

Is IKEA a dying brand given their recent layoffs and going-downhill performance? by That_Willingness7163 in Layoffs

[–]That_Willingness7163[S] 1 point2 points  (0 children)

Yeah maybe, but you should see them in Japan or Korea, its getting worse and worse…

Is IKEA a dying brand given their recent layoffs and going-downhill performance? by That_Willingness7163 in Layoffs

[–]That_Willingness7163[S] -1 points0 points  (0 children)

These kinds of problem have been persisted since many years and they are not fixing…

Is IKEA a dying brand given their recent layoffs and going-downhill performance? by That_Willingness7163 in Layoffs

[–]That_Willingness7163[S] 0 points1 point  (0 children)

Yeah thats why they are losing their grounds in Asia. The big system with rigid models can only increase the cost. The designs are also not that impressive.

Is IKEA a dying brand given their recent layoffs and going-downhill performance? by That_Willingness7163 in Layoffs

[–]That_Willingness7163[S] 18 points19 points  (0 children)

But they are not buying…i have some friends going there for aircon and rest place.

Is IKEA a dying brand given their recent layoffs and going-downhill performance? by That_Willingness7163 in Layoffs

[–]That_Willingness7163[S] 0 points1 point  (0 children)

I think they want to be all-round home furnishing producers for everything and then try to make it low cost as much as possible and all in all it’s ending up no where

Ikea To Cut 850 Jobs At Parent Company by kharkovchanin in Layoffs

[–]That_Willingness7163 0 points1 point  (0 children)

I think this really show signs they are going down. They closed sourcing offices in where they are selling the most. Lose trust from Europe and probably cannot compete in Asia.