Unilever Announces Major Changes: Ice Cream Business Spinoff and Job Cuts
Tuesday, 19 March 2024, 10:58
Unilever's Strategic Move
Unilever has announced a major decision to separate its ice-cream business, a move that aims to reshape its portfolio.
Workforce Restructuring
Unilever will be cutting 7,500 jobs, showcasing a significant shift in its operational structure.
Industry Impact
The news comes amid concerns raised by Exxon CEO over the future of a crucial hydrogen project in Texas which relies on IRA tax credits. Additionally, autoworkers at Volkswagen's Tennessee plant have decided to unionize, marking a notable development in labor relations.
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