Unilever Announces Major Overhaul, 7,500 Workers to Be Sacked

Consumer goods giant Unilever has announced plans to lay off about 7,500 workers globally as part of an overhaul aimed at saving 684 million euros ($869 million) over the next three years.

The Marmite-to-Dove soap firm said the jobs affected were largely office-based, and the move came as it looked to invest in technology to boost productivity and save money.

The group said staff would be consulted about the cuts but did not reveal where they would be made.

The cut jobs were expected to occur over the next two years, according to dpa.

Unilever has 128,000 employees globally, with 6,000 in Britain.

The company’s Chief Executive Officer, Hein Schumacher, said, “Under the growth action plan, we have committed to doing fewer things better, and with greater impact.

Unilever ends Sunlight, Omo, Lux’s production to sustain business

“The changes we are announcing today will help us accelerate that plan.

“We are committed to carrying out our productivity program in consultation with employee representatives, and with respect and care for those of our people who are impacted.”

Unilever Plc is a British multinational consumer goods company founded on September 2, 1929, following the merger of British soap maker Lever Brothers and Dutch margarine producer Margarine Unie.

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