Consumer goods giant Unilever Plc has unveiled a sweeping restructuring plan that includes separating its $8.6 billion ice cream business and cutting 7,500 jobs worldwide. The move, aimed at streamlining operations and jumpstarting growth, marks a significant shift for the UK-based company under the leadership of Chief Executive Officer Hein Schumacher, according to a report by Bloomberg.Unilever, whose portfolio encompasses brands like Ben & Jerry's, Magnum, Hellmann's mayonnaise, and Domestos...
Unilever said the separation of its ice cream unit, which includes brands like Ben & Jerry’s and Magnum, is part of a plan to streamline its operations.
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”
LONDON >> Unilever, the company that makes Ben & Jerry’s ice cream, Dove soaps and Vaseline, said today that it is cutting 7,500 jobs and spinning off its ice cream business to reduce costs and boost profits.
BATON ROUGE - No. 5 LSU dropped their second SEC series after losing to No. 6 Florida 12-2 Sunday at Alex Box Stadium.The game remained scoreless through four innings until LSU gained a 1-0 lead at the bottom of the fourth. Florida responded with a 6-run fifth inning. Jared Jones and Florida pitcher Jac Caglianone were given unsportsmanlike warnings after the two were seen talking to each other after a Jared Jones' homerun in the bottom of the fifth inning.Shortly after, Hayden Travinski...
Magnum to Marmite consumer goods group plans productivity programme to save €800mUnilever is to cut 7,500 jobs globally and spin off its ice-cream division as part of an overhaul aimed at saving about €800m (£684m) over the next three years.The consumer goods company, whose brands range from Marmite and Hellmann’s mayonnaise to Dove soap, Lynx deodorant and Domestos bleach, employs 128,000 people worldwide. It said staff would be consulted about the cuts. Continue reading
Late last year, Warren Buffett-backed [hotlink]BYD[/hotlink] toppled Tesla as the world’s leading electric carmaker by sales.
This week, SOL’s value has seen a significant increase, elevating its decentralized exchange (dex) platforms and propelling the layer one (L1) blockchain to a leading position in 24-hour dex trading volume. Solana’s dex platforms have amassed $2.802 billion in trade volume over the past day, outperforming Ethereum’s dex platforms, which have recorded $2.03 billion in […]
Efforts to balance the budget have not been sufficient and funding from the state will decrease in coming years, according to the agency.
Amazon has completed its $4 billion investment in Anthropic for Claude AI with a final investment of $2.75 billion this week.
The White House said on Wednesday that Intel has been awarded up to $8.5 billion as part of the CHIPS Act.
The CHIPS Act is designed to boost semiconductor manufacturing in the US and improve innovation in the country, especially with the threat of a Chinese invasion constantly hanging over Taiwan, home of TSMC.Read Entire Article