Ben & Jerry’s owner Unilever to spin off ice cream arm, slash jobs
Malay Mail Online - Money·2024-03-20 05:01
LONDON, March 19 — British consumer goods giant Unilever today said it would separate its ice cream unit, whose top-selling products include Ben & Jerry’s and Magnum, in a likely demerger set to contribute to thousands of job cuts.
Creating a standalone ice cream company is part of a major overhaul that would “impact” about 7,500 mainly office-based jobs worldwide and save €800 million (US$870 million) over the next three years, Unilever said in a statement.
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