Consumer goods giant Unilever cutting 1,500 management jobs
Jan 24, 2022, 3:23 PM | Updated: Jan 25, 2022, 5:44 am
FILE - A view of a Unilever logo, displayed outside the head office of PT Unilever Indonesia Tbk. in Tangerang, Indonesia, Tuesday, Nov. 16, 2021. Unilever, which makes Vaseline skin care 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% while junior management roles will be reduced by 5%, it said Tuesday Jan. 25, 2022. The London-based consumer goods giant employs 149,000 people globally. (AP Photo/Tatan Syuflana, FIle)
(AP Photo/Tatan Syuflana, FIle)
LONDON (AP) — Unilever, which makes Vaseline skin care 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% while junior management roles will be reduced by 5%, 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 ($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.
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