Unilever to cut 1500 management jobs in overhaul – The Peninsula Qatar

Unilever to cut 1500 management jobs in overhaul – The Peninsula Qatar

London: Unilever unveiled plans on Tuesday to cut about 1,500 management jobs in an overhaul aimed at easing shareholders' concerns after a failed takeover bid and news that an investor had built a stake in the consumer goods giant.

The maker of Dove soap and Magnum ice cream, which employs about 149,000 people around the world, said on Tuesday it would organise its business into five new divisions - beauty and wellbeing, personal care, home care, nutrition, and ice cream.