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Friday, November 22, 2024

Unilever to axe 3,200 office jobs

LONDON—British consumer goods giant Unilever will cut 3,200 office jobs in Europe by late 2025 in an overhaul announced in March, a source close to the matter told AFP Friday.

The job cuts represent approximately one third of Unilever’s office-based jobs on the continent, according to the source who confirmed a Financial Times report.

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Unilever had revealed earlier this year that it would create a standalone ice cream company in a cost-slashing plan that will see it shed a total 7,500 mainly office jobs worldwide.

The group, which employs about 128,000 people globally, is seeking to save 800 million euros ($870 million) over the next three years.

“In March, we announced the launch of a comprehensive productivity programme, to drive focus and growth through a leaner and more accountable organisation,” a Unilever spokesperson said in a statement emailed to AFP on Friday. AFP

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