Unilever cuts 1,500 management jobs in global overhaul

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Unilever will cut 1,500 jobs globally as it revamps its structure amid growing unease among shareholders over its performance.

Unilever is cutting 1,500 management jobs around the world as the consumer goods giant comes under intense pressure from shareholders to boost growth.

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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