Unilever wants to cut thousands of jobs worldwide

Archive image ©  REUTERS

The care and food group Unilever plans to cut several thousand jobs worldwide. The Bloomberg news agency learned this from insiders. This would mainly concern management functions, in order to be able to make decisions more quickly. These functions would now slow innovation at the company, according to CEO Alan Jope.

jvhSource: BELGIAN

According to Bloomberg, the news may be officially released this week. The company declined to comment Monday.

The news comes shortly after it became known that American activist investor Nelson Peltz would have bought shares in the company. It is not clear how great the importance is. But Unilever shares jumped 7.3 percent on the London stock exchange on Monday, the strongest increase in a year and a half. Investors hope that the arrival of activist investors will lead to change.

Unilever owns brands such as Ola, Ben & Jerry’s, Unox and Knorr. The multinational employs about 150,000 people worldwide, in Belgium about 500 employees.

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