Unilever plans to eliminate one-third of its European office jobs, affecting 3,200 employees, as part of CEO Hein Schumacher's strategy to revive growth.

Unilever plans to eliminate one-third of its European office jobs, affecting up to 3,200 employees, as part of CEO Hein Schumacher's strategy to revive growth at the underperforming company. The job reductions are part of Unilever's productivity program announced in March, which includes up to 7,500 layoffs globally. The company aims to save around €800 million ($936 million) over the next three years.