Unilever to separate its ice cream biz, cut 7,500 jobs in restructuring bid:
business-standard.com/world-news/unilever-to-separate-its-ice-cream-biz-cut-7-500-jobs-in-restructuring-bid-124031900415_1.html
Quick Glance: Unilever to Split Ice Cream Business, Cut 7,500 Jobs
- Unilever plans to separate its ice cream business, including brands like Ben & Jerry's, and intends to cut 7,500 jobs.
- The restructuring aims to boost growth, involving job cuts to achieve €800 million in cost savings over the next three years.
- Separating the ice cream business will help Unilever focus on four core businesses and avoid controversial political issues related to Ben & Jerry's.
- The targeted cost savings are expected to increase Unilever's profits, allowing the company to reinvest in research, development, and marketing to achieve mid-single digit sales growth.
Story Details
| Last Updated | Apr 07 |
| Total Articles | 101 |
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Ben & Jerry’s Owner Loses Its Taste for Ice Cream: Unilever plans to spin off its ice-cream business and could consider a sale, with 7,500 jobs potentially being ...
on.wsj.com/3v848Xv
Beloved ice cream brand is being let go by Unilever
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Unilever Is Better Off Without Ben and Jerry: Its ice-cream business is struggling and enjoys less overlap with the rest of the consumer company.
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Unilever to spin off ice cream unit, cut 7,500 jobs: Spin-off will begin immediately and is expected to complete by the end of 2025
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Ben & Jerry's maker Unilever to spin off ice cream unit, cut 7,500 jobs: Unilever said on Tuesday it would spin off its ice cream unit, home to popular brands ...
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