Unilever has introduced plans to chop 1,500 jobs worldwide as a part of an organization overhaul.
The maker of a whole lot of household-name manufacturers together with Dove, Hellman’s mayonnaise and Marmite mentioned the cuts could be centered on administration roles.
Unilever has come below rising strain from shareholders to enhance its monetary efficiency in current months.
Final week, Unilever failed in a £50bn bid to purchase the patron well being division of GlaxoSmithkline.
The patron items big employs round 150,000 individuals globally, together with 6,000 within the UK and Eire.
Underneath new plans introduced on Tuesday, round 15 per cent of senior administration roles and 5 per cent of junior administration roles face the axe.
Cuts will occur throughout the UK and worldwide, however Unilever didn’t give a breakdown of the place the cuts shall be made.
Alan Jope, chief govt of Unilever, mentioned: “Our new organisational mannequin has been developed over the past 12 months and is designed to proceed the step-up we’re seeing within the efficiency of our enterprise.
“Shifting to 5 category-focused enterprise teams will allow us to be extra conscious of client and channel tendencies, with crystal-clear accountability for supply.”