Unilever Announces Job Cuts Globally Amid Restructuring
NDTV
Unilever on Tuesday announced plans to cut around 1,500 management jobs worldwide under a major restructure of the British consumer goods giant
Unilever on Tuesday announced plans to cut around 1,500 management jobs worldwide under a major restructure of the British consumer goods giant.
The announcement comes after the maker of Magnum ice cream and Dove soap failed with a £50-billion takeover bid for the consumer health care unit owned by pharmaceutical groups GlaxoSmithKline and Pfizer.
Unilever said its "proposed new organisation model will result in a reduction in senior management roles of around 15 percent".
It added in a statement that junior management roles would be cut by five percent.
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