UK: Unilever to cut 1,500 management jobs

Unilever, the multinational consumer goods giant has announced it will cut 1,500 management jobs globally as part of the changes in its organisation model.

The company’s re-organisation comes under intense pressure from shareholders to boost growth.

Unilever will move from three to five distinct business groups: beauty & wellbeing, personal care, home care, nutrition, and ice cream. It will reduce its senior management roles by 15% and more junior management roles by 5%, cutting around 1,500 management roles globally.

Alan Jope, CEO Unilever, explains, “Our new organisational model has been developed over the last year and is designed to continue the step-up we are seeing in the performance of our business. Moving to five category-focused Business Groups will enable us to be more responsive to consumer and channel trends, with crystal-clear accountability for delivery. Growth remains our top priority and these changes will underpin our pursuit of this”.

Source: Unilever