UK/NETHERLANDS: Unilever to cut workforce, production plants
Unilever has announced that it plans to cut jobs and production plants worldwide, as a result of cost cutting measures following its acquisition of US firm Bestfoods . The Anglo-Dutch consumer products group said it will cut 8,000 jobs and close at least 30 factories. The job losses are in addition to 25,000 layoffs announced last year as part of the company's "Path to Growth" strategy to focus on just 400 brands in order to boost sales and profit margins.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-food gives you the widest food market coverage.
Paid just-food members have unlimited access to all our exclusive content - including 17 years of archives.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Dean Best, editor of just-food
- Does Kraft Heinz want to swallow Unilever whole?
- US food next wave on display at Winter Fancy Food
- Focus: Nestle CEO plan to balance sales, earnings
- Comment: Meal kits in US - don't believe the hype
- Wessanen eyes growth in "resurgent" organic market
- Kraft Heinz pulls Unilever bid
- General Mills issues profit warning
- Kerry operating earnings strengthen on slow sales
- Kerry Group staff in Ireland suspend strike action
- Kerry's Scanlon to replace McCarthy as CEO