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Uae Build > Blog > UAE > Business > Unilever to cut 7,500 jobs and spin off its ice cream business
Business

Unilever to cut 7,500 jobs and spin off its ice cream business

By admin
Last updated: May 2, 2024
1 Min Read
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LONDON (AP) — Unilever, the company that makes Ben & Jerry’s ice cream, Dove soaps and Vaseline, said Tuesday that it is cutting 7,500 jobs and spinning off its ice cream business to reduce costs and boost profits.

London-based Unilever said its ice cream business, which also includes Magnum bars, has “distinct characteristics” from its other brands and would benefit from separate ownership to increase growth. It said the split is expected to…



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