unilever lay off: 1500 employees vacated .. Popular company to lay off! – consumer good giant unilever to lay off 1500 employees in a restructuring plan

by time news
Unilever, the world’s largest consumer goods company, has said it plans to lay off about 1,500 employees.

Unilever is a major player in the consumer goods industry operating in India under the name Hindustan Unilever. Unilever manufactures a variety of products that are normally available in stores.

Unilever has 144,000 employees worldwide. In this regard, Unilever has announced that it will focus on dividing its business into five categories: Cosmetics and Welfare, Personal Care, Home Care, Nutrition and Ice Cream.

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That is, Unilever undergoes various structural changes. Unilever’s share price has fallen 13% in the past year. This has led to increased dissatisfaction among shareholders.

In this case, Unilever plans to make various structural changes. As part of this, Unilever plans to lay off 1,500 employees in the management sector, the company said yesterday.

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