Unilever Announces Job Cuts and Ben & Jerry's Spinoff in Company Overhaul
- Unilever to cut 7,500 jobs, about 6% of its workforce, to reduce costs
- Unilever spinning off ice cream brands like Ben & Jerry's into a separate company
- Moves aimed at making Unilever "simpler" and more focused on top brands
- Ice cream unit generated $8.6B in sales last year, 13% of Unilever's total
- Cost savings from layoffs and spinoff expected to be nearly $870M over 3 years
