Unilever, the multinational consumer goods giant has announced it will cut 1,500 management jobs globally as part of the changes in its organisation model.
The company’s re-organisation comes under intense pressure from shareholders to boost growth.
Unilever will move from three to five distinct business groups: beauty & wellbeing, personal care, home care, nutrition, and ice cream. It will reduce its senior management roles by 15% and more junior management roles by 5%, cutting around 1,500 management roles globally.
Alan Jope, CEO Unilever, explains, “Our new organisational model has been developed over the last year and is designed to continue the step-up we are seeing in the performance of our business. Moving to five category-focused Business Groups will enable us to be more responsive to consumer and channel trends, with crystal-clear accountability for delivery. Growth remains our top priority and these changes will underpin our pursuit of this”.
Source: Unilever
