Friday, May 20, 2022

Unilever co cut 1 | The Independent

Unilever has announced plans to cut 1,500 jobs worldwide as part of a company overhaul.

The maker of hundreds of household-name brands including Dove, Hellman’s mayonnaise and Marmite said the cuts would be focused on management roles.

Unilever has come under increasing pressure from shareholders to improve its financial performance in recent months.

Last week, Unilever failed in a £50bn bid to buy the consumer health division of GlaxoSmithkline.

The consumer goods giant employs around 150,000 people globally, including 6,000 in the UK and Ireland.

Alan Jope, chief executive of Unilever, said: “Our new organisational model has been developed over the last year and is designed to continue the step-up we are seeing in the performance of our business.

“Moving to five category-focused Business Groups will enable us to be more responsive to consumer and channel trends, with crystal-clear accountability for delivery.”


Leave a Reply

This website uses cookies. By continuing to use this site, you accept our use of cookies.