In April, e-commerce group Ellos Group announced that an organizational adjustment would be initiated. The purpose was to increase efficiency and meet the technological development within AI and data-driven automation. Now the company announces that the union negotiations are complete.
A total of 37 roles have been reviewed. The outcome is that 25 permanent positions will be eliminated, which corresponds to 7.5 percent of the total number of salaried employees in the company. In addition to the cuts in permanent employees, consulting assignments, temporary employment and vacant positions that will not be re-recruited are also affected.
The affected employees have been informed and the new organization will begin to be implemented during July 2026.
According to the company, the measures are estimated to lead to savings of approximately SEK 19 million per year, with full effect from and including the third quarter of 2026. At the same time, the adjustment entails a one-time cost of approximately SEK 7 million during the second quarter.
Aiming For The Stockholm Stock Exchange
As Ehandel.se previously reported, the restructuring is taking place in a period where the company is preparing for a listing on the Stockholm Stock Exchange. In connection with the annual report for 2025, it emerged that the intention is to carry out the listing within twelve months. The company has in connection with this set new financial goals, including an adjusted operating margin (EBITA) of over 8 percent in the medium term.
The goal of the changes is to increase competitiveness and prepare the business for the future.
The intention of the organizational adjustment is to streamline and competitively support the development of our offer, own brands and continued growth, said CEO Hans Ohlsson when the plans were first presented.