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Unilever to slash a third of office jobs in Europe

Madeleine Speed

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London | Unilever plans to cut about a third of all office roles in Europe by the end of next year, as the company’s new chief executive forges ahead with his plan to boost growth at the struggling consumer goods giant.

The FTSE 100 company, which is under pressure from shareholders including activist investor Nelson Peltz, told senior executives last week that as many as 3200 roles would be cut in Europe by the end of next year, according to details of a company-wide call shared with the Financial Times.

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Financial Times

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    Original URL: https://www.afr.com/world/europe/unilever-to-slash-a-third-of-office-jobs-in-europe-20240714-p5jtjs