Layoffs now hit another British multinational FMCG company, Unilever, announcing to cut 7,500 jobs globally to save €800 million, around £684 million, in the next three years. The report said that the global FMCG company will separate the ice cream units, leading to layoffs. They said that Unilever has decided to lay off employees to make it a "simpler" and "more focused" company. According to other reports, Unilever will cut jobs globally, with total restructuring cost likely around 1.2% of its turnover. The Unilever layoffs result from "a comprehensive productivity program" that will affect the 7,500 office-based roles, reported The Standard. Layoffs in US: Job Cuts in February 2024 Hit Highest Mark Since Great Recession, Tech and Finance Sectors Largely Affected, Says Report.

Unilever Announces To Cut 7,500 Jobs Amid Restructuring Plan:

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