Unilever is cutting approximately 1,500 fewer jobs in Europe than initially projected, as confirmed on November 15, 2024. The company plans to hire about 1,000 individuals, primarily those affected by its cost-cutting drive, for its soon-to-be spun-off ice cream business.
This adjustment means that while the company's overall productivity program still impacts 7,500 global roles, the severity of job reductions in Europe is lessened. The reallocation of staff supports the operational readiness of the independent ice cream entity.
The decision reflects a more nuanced approach to its restructuring efforts, balancing cost efficiency with talent retention for strategic growth areas. This move aims to ensure a smoother transition for the demerger of the ice cream business.
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