Pandora Axes 180 Jobs to Support Growth

By j / March 05, 2020 / www.idexonline.com / Article Link

(IDEX Online) - The Danish jewelry retailer Pandora is to axe 180 office jobs, in a bid to reduce "organisational complexity".The company, which has 22,000 employees, started as a family-run shop in Copenhagen, and is known for its customizable charm bracelets, designer rings and necklaces.It says it will close its three regional offices in April, in a move that will cost $30m, to streamline its global structure.???,?AE'"The reorganisation will reduce organisational complexity, enable Pandora to execute with more speed and agility, and add critical capabilities required to support growth," said Pandora chief executive Alexander Lacik in a press statement. ???,?AE'In its full year result, published last month, Pandora said it had completed the first year of our two-year turnaround scheme, including a re-launch late last year and the roll-out of a new store design and online platforms

Recent News

Immediate trigger for crash was new Fed Chairman pick

February 02, 2026 / www.canadianminingreport.com

Gold stocks slump on metal price decline

February 02, 2026 / www.canadianminingreport.com

Is the gold market starting to turn 'irrationally exuberant'?

January 26, 2026 / www.canadianminingreport.com

Gold stocks explode up as equity markets languish

January 26, 2026 / www.canadianminingreport.com

Gold stocks outpace flat large caps

January 19, 2026 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok