Unilever plans to eliminate a third of all office roles in Europe by the end of 2025 as part of a strategy led by CEO Hein Schumacher to stimulate growth at the consumer goods company.
A spokesperson stated via email that the company is starting a consultation process with employees potentially affected by these changes.
Senior executives learned on Wednesday that Unilever might cut up to 3,200 roles across Europe by 2025, as revealed in a company-wide call, first reported by the Financial Times.
These reductions are part of a productivity initiative Unilever announced in March, which could result in as many as 7,500 layoffs globally.
“The net reduction in roles in Europe by the end of 2025 will likely be between 3,000 and 3,200,” said Constantina Tribou, Chief Human Resources Officer, during the video call.
CEO Hein Schumacher, who assumed his role last year, announced plans in October to restore investor trust and streamline operations after the company’s recent underperformance.
