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UNILEVER RESTRUCTURING PLAN
Unilever to sharpen India play with premium & q-comm pushThe Indian unit, Hindustan Unilever (HUL), is reshaping and investing in its product portfolio to prepare for the future, with a sharper fo...- HUL shares rise over 1% after firm sets December 5 as record date for ice-cream business demergerHUL shares rise over 1% after firm sets December 5 as record date for ice-cream business demerger
- Tata Motors elevates PB Balaji to JLR CEO role in strategic global shift, a first for an IndianPB Balaji is set to become the CEO of Jaguar Land Rover on November 17. He will be the first Indian to lead the British automotive brand. B...
- Procter & Gamble to cut 7,000 jobs to rein in costs as tariff uncertainty loomsThe company had about 108,000 employees as of June 30, 2024 and said the job cuts would account for roughly 15% of its non-manufacturing wo...
- 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...
- Unilever wants you to wash the stains that are mostly invisibleUnilever's innovations like Persil Wonder Wash, endorsed by Usain Bolt, aim for quick rinsing. CEO Hein Schumacher targets growth as Eduard...
- 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...
- Unilever CEO pursuing strategic shift with Peltz's backingHein Schumacher expressed that billionaire activist and board member Nelson Peltz is strongly supportive of a recently formulated strategy ...
- HUL halts 'lister' to keep pace with new talent marketThe programme, which assured Listers a rapid rise in the Unilever system, has lost relevance in a fiercely competitive market in which youn...
- 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...
- What does Unilever's restructuring plan mean for HUL?With an average underlying sales growth of 2.9% from 2016 to 2020 and an underlying operating margin of 18.5% for the year 2020, the Anglo-...
- Fearing a fall in salon footfalls, Lakme Lever may cut headcountTop officials close to the development told ET that HUL will train a large set of advisors and beauty consultants, numbering about 1,500, t...
- 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 ...
- 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...
- Unilever to shift tech jobs to BangaloreUnilever is planning to move some jobs to Bangalore as part of a restructuring exercise that would involve relocating some 400 high capabil...
- 30 HUL managers face layoff or redeployment'HUL has eased out one or two employees on the basis of non-performance in the past, but this is unprecedented.'
- Tata Tea plans to take on Coca Cola, Pepsi, Unilever globallyTata Tea today said that it has evolved a strategy to compete globally with Coca Cola, Pepsi and Unilever in the beverages business.
- Unilever to slash 250 R&D jobs globallyConsumer goods major Unilever Plc has announced slashing of 250 research jobs across the world as a part of its restructuring plan to conso...
- HUL announces performance-linked bonus for staffThe move is part of Hindustan Unilever’s strategy to incentivise its top talent by offering fatter pay packets to fewer people. Till work d...
- Unilever disappoints analysts, nets E986mUnilever, the world’s third-largest food company, posted second-quarter profit that missed analysts’ estimates as sales growth slowed and t...
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