Trademagazin > News and articles > Company and Personal News > Unilever will cut 20,000 jobs over four years
Unilever will cut 20,000 jobs over four years
The reductions will occur as up to 50 factories are closed or reorganized and most cost savings will be focused on Europe, the company's biggest market.
The company also plans to sell the North American laundry
division. Since 2004, the company has already reduced its global workforce to
179,000 from 223,000 by selling off businesses and restructuring its production
techniques.
Unilever announced that in the six months to June 31 sales
increased to €20bn, up from €19.7bn the year before.
Related news
More related news >
Related news
Tesco supported pensioners with HUF 2.6 billion and it is not stopping there
Since April 2022, Tesco has supported pensioners with around HUF…
Read more >At the Campus Festival, Lidl FesztMarket awaits customers with shop prices
If it’s summer, then it’s festival season – and of…
Read more >The Nyírség agrocompany has been supporting plant protection for 25 years
This year, Nyír-Chem Kft., a reliable professional partner of farmers…
Read more >