Unilever to restructure, cutting 1,500 jobs

Around 1,500 jobs are set to go at consumer goods group Unilever in a reorganisation of its business.

The company said the cuts to senior and junior management roles were the result of a simpler, more category-focused organisation. Shopfloor jobs in factories will not be affected.

Unilever’s brands include Domestos bleach and Dove soap, Ben & Jerry’s ice cream, Marmite and Hellman’s mayonnaise.

Moving away from its current matrix structure, Unilever will be organised around five distinct divisions: Beauty & Wellbeing, Personal Care, Home Care, Nutrition, and Ice Cream.

This will enable the business to be more responsive to consumer and channel trends, with clear accountability for delivery, said Unilever CEO Alan Jope.

The announcement came after details were apparently leaked on Monday evening, and followed Unilever’s failed £50bn bid for GlaxoSmithKline’s (GSK) consumer healthcare arm.

GSK had said that the offer “fundamentally undervalued” the business and Unilever refused to raise its bid.