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

Another 'Bubble Check' for the gold sector

September 08, 2025 / www.canadianminingreport.com

Gold stocks continue to hit new highs

September 08, 2025 / www.canadianminingreport.com

Some mining stocks exposed to Burkina Faso take major hit

September 02, 2025 / www.canadianminingreport.com

Gold stocks again hit new highs

September 02, 2025 / www.canadianminingreport.com

Gold stocks reach new highs on metal price gain

August 25, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok