Unilever to cut 7,500 jobs worldwide

Unilever Plc, a British multinational consumer goods company, has announced plans to cut 7,500 jobs globally as part of an overhaul aimed at saving around $869 million (£684 million) over the next three years.

In a statement on Tuesday, Unilever said the jobs affected by the restructuring would be largely office-based.

It said the move came as it intends to invest in technology to boost productivity and save money.

Unilever said staff will be consulted about the job cuts, which will happen within the next two years.

Speaking on the changes, Hein Schumacher, chief executive officer of Unilever, said it would help speed up the plan.

“Under the growth action plan, we have committed to do fewer things better, and with greater impact,” Schumacher said.

“The changes we are announcing today will help us accelerate that plan.”

He said the firm is committed to carrying out its productivity programme in consultation with employee representatives, and with respect and care for those who are impacted.