Consumer goods giant Unilever cutting 1,500 management jobs


PTI, Jan 25, 2022, 8:03 PM IST

London: Unilever, which makes Vaseline skincare products and Ben & Jerry’s ice cream, says it’s laying off 1,500 staff as part of a company-wide restructuring.

The proposed changes mean that senior management jobs will be cut by about 15 percent while junior management roles will be reduced by 5 percent, it said Tuesday.

The London-based consumer goods giant employs 149,000 people globally. The changes, which are subject to consultation, won’t affect factory teams, Unilever said in a statement posted on its website. Under the reorganization, the company will be organized into five distinct groups: beauty and wellbeing, personal care, home care, nutrition, and ice cream.

The shakeup “will enable us to be more responsive to consumer and channel trends, with crystal-clear accountability for delivery,” CEO Alan Jope said.

The revamp comes swiftly after news this month that the company made an unsolicited 50 billion pound (USD 67 billion) bid to acquire GlaxoSmithKline’s consumer health care unit that was rejected, sending its shares tumbling and sparking a backlash from leading investors.

Unilever has more than 400 consumer brands, including Hellmann’s mayonnaise, Lipton tea, Dove soap, and Rexona deodorant.

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Top News

BRICS must live up to commitments to sovereign equality and territorial integrity: Jaishankar

Kaup: 63-year-old man commits suicide

Man accused in rape case roams scot free even after FIR in K’taka

We monitor such developments: MEA on reports of China building 2nd bridge in Pangong Tso region

Afghan Taliban order women TV anchors to cover their faces

Bengaluru rains: Former CM raises ‘sinking’ image of city with Bommai

Headmistress sent to jail in Assam for bringing cooked beef to school


Related Articles More

Sensex dives 1,155 points in early trade amid weak global markets

India better placed to face global challenges and uncertainties: CEA

UK lays out plans for new legislation to tackle post-Brexit Irish protocol

CFTRI’s to host TechBharat-2022 from May 19; to bring together FoodTech and AgriTech industry

RBI rejects 6 applications for setting up banks

MUST WATCH

SSC Result : Sirsi Governament School Students Achivement

Important Health Tips Must Watch

NEWS BULLETIN 19-05-2022

Storks enjoy agriculture activity

Heavy rain at Shivamogga Road block


Latest Additions

Heavy rain leads to water logging in Dimapur airport, flights cancelled

BRICS must live up to commitments to sovereign equality and territorial integrity: Jaishankar

Kaup: 63-year-old man commits suicide

Man accused in rape case roams scot free even after FIR in K’taka

We monitor such developments: MEA on reports of China building 2nd bridge in Pangong Tso region

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.