{"id":198685,"date":"2022-01-25T11:07:40","date_gmt":"2022-01-25T11:07:40","guid":{"rendered":"https:\/\/theindustry.beauty\/unilever-to-cut-1500-jobs-in-global-corporate-restructure\/"},"modified":"2022-03-31T14:22:27","modified_gmt":"2022-03-31T13:22:27","slug":"unilever-to-cut-1500-jobs-in-global-corporate-restructure","status":"publish","type":"post","link":"https:\/\/theindustry.beauty\/unilever-to-cut-1500-jobs-in-global-corporate-restructure\/","title":{"rendered":"Unilever to cut 1,500 jobs in global corporate restructure"},"content":{"rendered":"<p><strong>Unilever has today announced it will cut 1,500 jobs, as part of a global corporate restructure and simplification <\/strong><strong>to achieve a more category focused business.<\/strong><\/p>\n<p><!--more--><\/p>\n<p>The company plans to <strong>move away from its current structure and will be organised around five business groups<\/strong>: Beauty &amp; Wellbeing, Personal Care, Home Care, Nutrition and Ice Cream.<\/p>\n<p>Each Business Group will be fully responsible and accountable for their strategy, growth and profit delivery globally.<\/p>\n<p>The proposed new organisation model will result in a <strong>reduction in senior management roles of around 15% and more junior management roles by 5%<\/strong>, equivalent to around 1500 roles globally.<\/p>\n<p>Unilever has confirmed it does not expect <strong>factory teams to be impacted by the changes<\/strong>.<\/p>\n<p>Leadership changes include Fernando Fernandez, EVP Latin America, who will take on the role of President Beauty &amp; Wellbeing. Fabian Garcia, President North America, has also been appointed President Personal Care, responsible for skin cleansing, deodorants and oral care. These appointments will be effective from 1 April 2022.<\/p>\n<p>Sunny Jain, President Beauty &amp; Personal Care, will leave Unilever to set up an investment fund in technology megatrends.<\/p>\n<p>Alan Jope, CEO at Unilever, said: \"Our new organisational model has been developed over the last year and is designed to continue the step-up we are seeing in the performance of our business. Moving to five category-focused Business Groups will enable us to be more responsive to consumer and channel trends, with crystal-clear accountability for delivery. Growth remains our top priority and these changes will underpin our pursuit of this.\u201d<\/p>\n<p>This news follows <a href=\"https:\/\/www.theindustry.fashion\/?s=unilever\" target=\"_blank\" rel=\"noopener\"><span style=\"color: #ff0000;\">Unilever's recent refusal to increase its offer for the acquisition of GSK<\/span><\/a> last week.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u2026 <a href=\"https:\/\/theindustry.beauty\/unilever-to-cut-1500-jobs-in-global-corporate-restructure\/\">...<\/a><\/p>\n","protected":false},"author":100,"featured_media":198686,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[6,20822,22360],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - 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