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Unilever to spin off ice cream unit, cut 7,500 jobs

  • Unilever will separate its ice cream unit, including popular brands like Ben & Jerry's, as a standalone business.
  • The company plans to restructure, leading to around 7,500 job cuts worldwide, with a goal of saving 800 million euros over three years.
  • Unilever's overhaul announcement aims to streamline operations and increase efficiency within the company.
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Consumer goods giant Unilever announced on Tuesday that it plans to turn its ice cream business unit into a stand-alone company, with a possible sale of that unit. Unilever owns several well-known ice cream companies, such as Ben & Jerry's, Magnum and Breyers.

·Estonia
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The reduction in jobs would affect 6% of its workforce of 128,000 workers worldwide

·São Paulo, Brazil
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Forbes broke the news in United States on Tuesday, March 19, 2024.
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