(Reuters) -Unilever will review its top 200 roles for a 25% “refresh”, the consumer goods giant said at the Barclays Global Consumer Staples Conference on Wednesday. The review is part of the group’s wider organizational and operational changes, including trimming 7,500 jobs globally, in a bid to address underperformance and boost margins. The Dove soap […]
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Unilever to review top 200 roles under turnaround strategy
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(Reuters) -Unilever will review its top 200 roles for a 25% “refresh”, the consumer goods giant said at the Barclays Global Consumer Staples Conference on Wednesday.
The review is part of the group’s wider organizational and operational changes, including trimming 7,500 jobs globally, in a bid to address underperformance and boost margins.
The Dove soap maker in February ousted its CEO Hein Schumacher, replacing him with finance chief Fernando Fernandez, who is speeding up revamp plans set out by his predecessor.
At the conference, the company reaffirmed its 2025 financial targets of a 3% to 5% sales growth target and underlying operating margin of over 18.9%.
(Reporting by Prerna Bedi in Bengaluru; Editing by Alan Barona)