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Are they actually sacking staff as well? I'd imagine keeping their staff on payroll would make for a nice PR story
Edit: staff are still on pay:
These decisions have a direct impact on 15,000 IKEA co-workers. The
ambitions of the company groups are long term and we have secured
employment and income stability for the immediate future and provide
support to them and their families in the region.
The collective economic cock punching of Russia continues.
https://www.theguardian.com/business/2022/mar/03/ikea-closes-all-stores-and-factories-in-russia-amid-exodus-of-western-firms
That is a lot of people going out of work to further hasten the collapse. The people of Russia will pay a terrible price long after the politicians are gone.