[ad_1]
Unilever is planning to promote more than 1,500 positions worldwide as the company faces pressure from investors to improve operations after failing to make a $ 50bn attempt to buy the GlaxoSmithKline consumer health component.
These ideas have led to about 15 percent of senior employees and 5 percent of junior positions being cut. The consumer group is not planning to reduce factory operations, it said Tuesday.
It will also lose Sunny Jain, a well-known industry and president of the beauty and personal care sector, who was hired on Amazon less than three years ago. Jain “has decided to leave Unilever to set up a fundraiser for technology,” the group said.
Redundancy is part of the restructuring process that divides Unilever into five business categories: beauty and health, personal care, home care, nutrition and ice cream.
Each Unilever division, which currently employs 149,000 people, will respond to the process, growth and delivery.
“Our new corporate model was developed last year and is designed to continue the growth we are seeing in running our business,” said senior Alan Jope.
Unilever created three businesses in the GlaxoSmithKline consumer health sector, offering £ 50bn, in a way that did not please many investors. It returned last Wednesday, saying it would not raise its request.
The Financial Times also reported this week that Nelson Peltz’s activist hedge fund Trian Partners built a price on Unilever. The $ 8.5bn New York-based hedge fund has previously pushed for a change in consumer groups including Procter & Gamble and Kraft.
[ad_2]
Source link
