Unilever plans to sell €1 billion in food brands and cut 7,500 jobs to focus on top brands.

Unilever's CEO, Hein Schumacher, is considering selling €1 billion worth of food brands to streamline operations and focus on top 30 "power" brands like Knorr and Hellmann's. The move includes potential sales of Dutch brands Unox, Conimex, and De Vegetarische Slagter. Unilever also plans to cut 7,500 office jobs globally and sell its ice cream unit. Despite the changes, Schumacher insists food remains integral to Unilever's business.

December 02, 2024
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