March 20, 2024 BY Elizabeth Anderson
Unilever cuts 7,500 jobs and spins off ice cream segment to boost profits
The company manufactures diverse consumer products, including globally well-known brands such as Ben & Jerry’s, Dove, and Horlicks. The company said that these moves form part of its Growth Action Plan and the initiation of a major productivity programme. It further indicated that the ice cream segment’s alternative operating model justifies the planned spin-off and…
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