15 Jul 2024 --- Unilever is reportedly cutting a third of all office roles in Europe by the end of 2025 in a profits push by the CEO. The FMCG giant told senior executives on Wednesday that 3,200 office jobs will be made obsolete. The move is part of CEO Hein Schumacher’s plan to gain investors’ confidence after the multinational company underperformed in the past few years. Schumacher joined the company last year and laid out company growth plans in October after receiving pressure from shareholders, including activist investor Nelson Peltz.
