Unilever to shed 20,000 jobs worldwide
Afp, Rotterdam, The Netherlands
Unilever, the Anglo-Dutch maker of consumer goods and food products, announced Thursday that it would cut 20,000 jobs worldwide, 11 percent of its total workforce, over the next four years. "Our current plans allow for the closure or substantial streamlining of between 50 and 60 manufacturing sites across the world," Unilever chairman Patrick Cescau said in remarks commenting on the company's second quarter results also announced Thursday. "We expect the total programme, including disposals, to reduce headcount by around 20,000 over the next four years," he added.
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