Hindustan Unilever cuts 50 managerial jobs

NEW DELHI: Faced with ‘surplus’ employees, FMCG major Hindustan Unilever (HUL) said it has cut about 50 managerial jobs, months after its parent Unilever announced a reduction of 20,000 in global workforce over four years.

HUL, which has over 1,100 managers, said some of the ‘surplus’ managers have been “gainfully redeployed through the ongoing process of job progression, job rotation and redeployment in suitable positions available through natural attrition”, without specifying the exact number.

“The changing business requirements has resulted in certain managerial positions becoming surplus. In the case of about 50 managerial positions, the transition is being managed through suitable outplacement and compensation,” the company said.