CEOs are getting ruthless about worker performanceCorporate leaders are increasingly prioritizing results over employee comfort, with CEOs like Unilever's Fernando Fernandez demanding "volu...
20 May, 2026, 04.22 PM IST
Unilever to freeze hiring as Iran war drives up shipping costsThis move addresses rising costs linked to the Iran war. The company is also cutting jobs and changing bonus structures.
02 Apr, 2026, 10.51 AM IST
Unilever ousts CEO Hein Schumacher, finance chief Fernando Fernandez to replace himUnilever CEO Hein Schumacher will leave the company on May 31, the company announced Tuesday. Schumacher became CEO in July 2023. Chief Fin...
25 Feb, 2025, 06.06 PM IST
Unilever to cut 1,500 fewer European jobs than previously expectedUnilever is reducing job cuts in Europe. The company will cut 1,700 jobs instead of 3,200. It is also hiring 1,000 people for its ice cream...
15 Nov, 2024, 05.52 PM IST
Unilever to cut a third of office jobs in EuropeUnilever plans to cut a third of all office roles in Europe by the end of 2025 under CEO's strategy to boost growth, with as many as 3,200 ...
12 Jul, 2024, 05.43 PM IST
Unilever plans to spin off Ice Cream business, sack 7,500 to cut costsUnilever Plc is set to spin off its ice cream business, home to beloved brands like Ben & Jerry’s and Magnum, in a cost-cutting move that w...
19 Mar, 2024, 02.27 PM IST
Activist on parent's board could give HUL a new growth leverThe stock of Unilever Plc surged 9% on the news of Nelson Peltz of Trian Fund Management, one of the largest shareholders of the global con...
02 Jun, 2022, 06.38 AM IST
Unilever to cut 1,500 management jobs in overhaulThe maker of Dove soap and Magnum ice cream, which employs about 149,000 people around the world, said on Tuesday it would organise its bus...
25 Jan, 2022, 03.09 PM IST
Hindustan Unilever mulls job cuts, extent of layoffs could be between 10% and 15%The company employs 18,000 people across factories and offices in India, according to its 2015-16 annual report, including more than 1,500 ...
07 Apr, 2017, 06.13 AM IST
Hindustan Unilever: Executives see job cuts following CEO Paul Polman's move to cut costPolman announced that Unilever will cut 800 marketing jobs and focus predominantly on brands with over 1 bn euros in sales, all in a bid to...
02 Jan, 2014, 06.45 AM IST
Unilever opens technology center in BangaloreUnilever said it has opened a support center in Bangalore to provide information technology and operational services for its global operati...
22 Nov, 2012, 06.18 PM IST
MNCs announce 71,000 job cuts globally by more than a dozen multinationalsCompanies to have confirmed massive job cuts include HP, Nokia, Sony Corp, Yahoo, PepsiCo, Royal Bank of Scotland and airline firm Lufthans...
17 Jun, 2012, 09.31 PM IST
- Unilever CEO wants US to replicate India model
An ex-Procter & Gamble and Nestle veteran, Mr Polman said the group is applying consumer understanding from developing markets to cater to ...
14 Mar, 2009, 02.34 AM IST
- Hindustan Unilever cuts 50 managerial jobs
Faced with ‘surplus’ employees, FMCG major Hindustan Unilever (HUL) said it has cut about 50 managerial jobs.
06 Feb, 2008, 02.01 PM IST
- Hindustan Unilever cuts 50 managerial jobs
Months after its parent Unilever announced 20,000 reduction in global workforce over the next four years, HUL says it has cut the jobs. Fir...
04 Feb, 2008, 04.45 PM IST
- Hindustan Unilever set to slash jobs
The FMCG major is all set to realign managerial structure in line with parent Unilever’s global strategy that may put some jobs on the line...
04 Feb, 2008, 07.04 AM IST
- Unilever to axe R&D units in Europe to 6 from 64
Unilever is cutting its research and development centres in Europe from 64 sites all over Europe to just six centres of excellence, in orde...
24 Nov, 2006, 02.45 AM IST