Unilever cuts 1,500 management jobs in global overhaul
CNN
Unilever will cut 1,500 jobs globally as it revamps its structure amid growing unease among shareholders over its performance.
The cuts amount to a 15% reduction in the number of senior managers and 5% of junior managers, Unilever said in a statement on Tuesday. Factory workers will not be affected.
Unilever, which owns household-name brands including Ben & Jerry's and Dove, said it's moving to a "simpler" structure divided into five business units — Beauty and Wellbeing, Personal Care, Home Care, Nutrition, and Ice Cream — each with their own president.
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