Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Evening Standard
Evening Standard
Business
City Spy

Difficult decisions at Unilever

You had one job...

To Unilever now, where the consumer giant this week unveiled plans for a whopping 7,500 job cuts. On the same day, the company said it was mulling spinning off its ice cream division, presumably to distract from the layoffs the same way shouting “look, ice cream!” distracts a toddler.

 

 Where are the cuts coming from? Predominantly in London, was the response by Unilever comms after a Standard business reporter inquired.

 

But barely fifteen minutes later, they retracted that remark after someone did the maths and worked out that would mean…everyone in the entire office would lose their job. Oopsies.

 

Redundancy packages include six months’ severance, a bonus for long service and two tubs of Ben & Jerry’s Caramel Chew-Chew.

[object Object] (Evening Standard)

Sign up to the weekly City Spy newsletter for your unmissable round-up of all the gossip, rumours, and covert goings-on inside the Square Mile: standard.co.uk/newsletters

Got a tip? Write to us at cityspy@standard.co.uk

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.