Unilever to split off its ice cream unit including Ben & Jerry's; shares pop 5%
Headline from NBC10 Philadelphia
Consumer goods giant Unilever said Tuesday that it is separating its ice cream unit, which includes Ben & Jerry’s and Magnum, as part of a restructuring plan...
NBC10 Philadelphia's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
Consumer goods giant Unilever said Tuesday that it is separating its ice cream unit, which includes Ben & Jerry’s and Magnum, as part of a restructuring plan...
Consumer goods giant Unilever said Tuesday that it is separating its ice cream unit, which includes Ben & Jerry’s and Magnum, as part of a restructuring plan...
Unilever, the company that makes Ben & Jerry's ice cream, Dove soaps and Vaseline, said Tuesday that it is cutting 7,500 jobs and spinning off its ice cream business to reduce costs and boost profits.
Shares of Unilever rose after the consumer products giant announced plans to separate Ben & Jerry’s and its other ice cream brands into a stand-alone business, in a restructuring expected to affect around 7,500 jobs.
Unilever, the giant company behind Ben & Jerry’s, Dove soaps, and Hellman’s mayonnaise, said it’s spinning off its ice cream business to try and reduce costs.
The consumer goods giant said the moves would make for a “simpler, more focused company” as consumers trade down to cheaper brands amid high inflation.
Unilever said the separation of its ice cream unit, which includes brands like Ben & Jerry’s and Magnum, is part of a plan to streamline its operations.
Unilever, the company that makes Ben & Jerry's ice cream, Dove soaps and Vaseline, said Tuesday that it is cutting 7,500 jobs and spinning off its ice cream business to reduce costs and boost profits.
Unilever said it will invest in technology to find efficiencies and avoid duplication that it anticipates will help it save $867 million over the next three years.
British consumer goods giant Unilever announced Tuesday that it will separate its ice cream unit, whose top-selling products include Ben & Jerry's and Magnum, as a standalone business.
Unilever Plc plans to separate its ice cream business that includes brands such as Ben & Jerry’s and Magnum as Chief Executive Officer Hein Schumacher streamlines the UK consumer-goods giant by cutting 7,500 jobs.
Consumer goods giant Unilever said Tuesday that it is separating its ice cream unit, which includes Ben & Jerry’s and Magnum, as part of a restructuring plan...
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Unilever to split off its ice cream unit including Ben & Jerry's; shares pop 5% | Since Then
