Unilever Nigeria Plc has reported a net profit of N15.1 billion for the 2024 financial year, marking a significant 79% increase from the N8.4 billion recorded in 2023. The company’s audited financial statement for the year ending December 31, 2024, also shows a turnover of N149.5 billion, representing a 44% rise compared to N103.9 billion…
Unilever has announced plans to cut approximately one-third of its office-based roles in Europe by the end of 2025. This move is part of a broader strategy to reduce costs and revive growth under the leadership of CEO Hein Schumacher, who took over last year following a period of underperformance. The consumer goods giant, known…
Unilever, the conglomerate behind household names like Marmite and Dove soap, has unveiled plans to slash approximately 7,500 jobs globally as part of a comprehensive three-year cost-saving initiative. Concurrently, the company announced its decision to separate its lucrative ice cream business, encompassing beloved brands such as Wall’s, Ben & Jerry’s, and Magnum. The restructuring move…
