Labor market

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Illustration of IKEA Borlänge store relocation to Kupolen, featuring moving trucks, employees, and disappointed municipal chairman Erik Nises addressing press.
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Ikea to relocate from Norra Backa to Kupolen in Borlänge

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Ikea plans to move its Borlänge store from Norra Backa to smaller premises in Kupolen in 2027. Municipal chairman Erik Nises (S) is disappointed over the short notice. It remains unclear how the move will affect the roughly 230 employees.

Union and SPD want to abolish phone-based sick notes and require a doctor's certificate from the first day of absence. Doctors' representatives and economists criticize the plans as symbolic politics.

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Volkswagen is considering a radical reduction of up to 100,000 jobs worldwide. This emerges from internal plans presented by CEO Oliver Blume to the board.

Industrial equipment maker Festo plans to cut around 1300 jobs in Germany. Reasons include market changes, competition from Asia and geopolitical crises. The company aims to save 200 million euros per year worldwide.

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Grupo Cibest warned of high labor informality and vulnerable self-employment in Colombia, despite job creation recovery. Dane data showed an unemployment rate of 8.8% in March. The report highlights challenges including 55.6% informality and wage growth without productivity gains.

Around 4,000 people were granted transition support from Trygghetsfonden TSL in the first quarter, 26 percent fewer than the previous year. The decline was sharpest in construction, down 67 percent. TSL CEO Caroline Söder sees signs of stabilization despite uncertainties.

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DANE director Piedad Urdinola clarified discrepancies between her agency's employment figures and those from Ugpp, citing different sources and methodologies. This follows criticism from Andi, which claims half a million formal jobs lost since 2023. DANE measures the labor market through direct surveys, while Andi relies on social security contributors.

 

 

 

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