Unilever Plc, a leading British multinational consumer goods giant, has unveiled a sweeping restructuring strategy, targeting the elimination of approximately 7,500 positions globally.
This move is part of a larger initiative aimed at securing savings of approximately $869 million (£684 million) over the next three years.
Primarily affecting office-based roles, the restructuring reflects Unilever’s strategic pivot towards technology investment to drive efficiency gains and cost reductions.
The company has pledged to engage in thorough consultations with affected employees, with the workforce adjustments expected to be implemented over the next two years.
Hein Schumacher, Unilever’s CEO, emphasized that these changes are integral to accelerating the firm’s growth action plan, enabling them to prioritize impactful initiatives with increased efficiency.
The company said it remains committed to executing its productivity program in collaboration with employee representatives while demonstrating care and respect for those impacted by the workforce reduction.
