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Last Updated: Tuesday, 10 July 2007, 16:17 GMT 17:17 UK
Ikea to cut 300 managerial jobs
Ikea has 15 stores across the UK
Ikea is cutting 300 UK managerial positions at a time of "challenging" trading conditions in the home furnishing sector, the BBC has learned.

The positions will go by January 2008, but a spokeswoman said affected staff could apply for replacement jobs.

Ikea said in a statement that its UK operations needed to become "more productive, efficient, and flexible".

The Swedish giant has 15 stores across the UK and 9,000 workers. Another two branches will open later this year.

'Not lean'

"Today we recognise that the way in which we operate our units is not meeting the needs of our customers, nor is it always a lean, simple and quick way of working," Ikea said.

"In addition the home furnishing sector in which we operate has had a couple of challenging years.

"Indications from the market are that this will continue."

It added that it was also being affected by increased competition from the supermarket sector.

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