Multinational consumer goods giant Unilever has announced that it will be cutting 1,500 jobs globally as part of a restructuring of its organisation.
It is still uncertain, however, the number of jobs that will be impacted locally as a result of the global overhaul.
In an emailed response to questions from Guardian Media yesterday, Unilever stated:
“At this stage, we’re not breaking down the numbers by country. But as per the announcement, the new organisation model will result in a reduction in senior management roles of around 15 per cent and more junior management roles by five per cent- this is around 1,500 roles spread out across 100 countries. We do not expect our factory teams to be impacted by these changes. Changes will be subject to consultation with employees,” Unilever stated.
Unilever Caribbean Ltd was incorporated in T&T in 1929 and its registered office is located along the Eastern Main Road in Champs Fleurs.
On Tuesday Unilever announced that it would be moving away from its current matrix structure and will be organised around five distinct business groups: beauty & well-being, personal care, home care, nutrition, and ice cream.
Unilever’s chief executive officer Alan Jope said, “Our new organisational model has been developed over the last year and is designed to continue the step-up we are seeing in the performance of our business. 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. Growth remains our top priority and these changes will underpin our pursuit of this.”
As a result of the new set-up, Unilever announced several changes to its leadership team effective April 1.
Unilever stated that all costs related to setting up the new organisation will be managed within existing restructuring investment plans.