Unilever reveals plans to slash 7,500 jobs worldwide under cost-cutting overhaul

Unilever has announced plans to cut around 7,500 jobs globally as part of an overhaul aimed at saving around €800 million (£684 million) over the next three years.

The owner of Paula's Choice and Dove said the roles affected are largely office-based and the move comes as it looks to invest in technology to boost productivity and save money.

The group said staff will be consulted about the cuts, but did not reveal whereabouts they will be made.

The jobs are expected to go over the next two years.

Unilever has 128,000 employees globally, with 6,000 in the UK.

Hein Schumacher, CEO of Unilever.

Hein Schumacher, CEO of Unilever, said: "Under the growth action plan we have committed to do fewer things better, and with greater impact.

"The changes we are announcing today will help us accelerate that plan.

"We are committed to carrying out our productivity programme in consultation with employee representatives, and with respect and care for those of our people who are impacted."

Last month, Unilever revealed that annual sales were boosted by higher prices and selling more products. It said, though, that its performance "needed to improve" as inflation began to cool.