1,500 management jobs to be cut in major Unilever revamp
Restructuring will result in 15% reduction in senior management roles and 5% decrease in junior management roles
25 January 2022 | 0
Unilever is to cut some 1,500 management positions globally in an organisational overhaul to become a simpler, more category-focused business.
In a move away from its current matrix model, Unilever says it will be organised around five distinct business groups: beauty & wellbeing, personal care, home care, nutrition, and ice cream. Each group is to have full accountability for their strategy, growth, and profit delivery globally.
The restructuring will lead to a 15% reduction in senior management roles and 5% reduction in junior management roles – amounting to some 1,500 roles globally.
Unilever has said the changes will be subject to consultation and that it does not expect factory teams to be impacted by the changes.
“Moving to five category-focused business groups will enable us to be more responsive to consumer and channel trends, with crystal-clear accountability for delivery,” said Alan Jope, CEO, Unilever.
“Growth remains our top priority and these changes will underpin our pursuit of this,” he added.
A number of leadership changes have also been announced as part of the new structure.
Chief operating officer (COO) Nitin Paranjpe will take on a new position as chief transformation officer & chief people officer, leading the business transformation, and heading the HR function.
Meanwhile, beauty & personal care president Sunny Jain has reportedly decided to leave the firm to set up an investment fund in technology megatrends.
Some other leadership changes – effective from 1 April 2022, include: Fernando Fernandez, executive vice-president Latin America, being appointed president beauty & wellbeing, which includes hair care, skin care, as well as vitamins, minerals and supplements, and Unilever Prestige. Meanwhile, Fabian Garcia, president North America, has been appointed president personal care.