Unilever headquarters at London's Victoria Embankment are set to axe thousands of jobs.
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Londoners employed by Unilever risk redundancy as part of the 7500 job cut plan announced today.
The manufacturers of Dove and Marmite said that the cuts will be “predominantly office based”. This means that the London head quarters on Victoria Embankment could take a substantial hit.
The company has 6,000 staff in the UK and a global workforce of 12,000 people.
This is as the company looks to invest in artificial intelligence (AI) and IT services. The group’s bosses have said that the technology will “play a role” in the jobs cull as part of a “comprehensive” programme.
The cuts are part of “a comprehensive productivity programme” to save £684 million over the next three years. The cost cutting measures are led by Hein Schumacher who took over from Alan Jope in July 2023.
The job losses come after “disappointing” 2023 company results.
He said: “We are very aware of how unsettling this will be for our people […] we are set on carrying these changes out with respect and care.
“We have a big agenda. This is going to be a very busy period for the next 18 months.”
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HeadlineLondoners fear redundancy as Unilever cuts 7500 jobs
Short HeadlineLondoners fear losing their job at Unilever's HQ in the Capital
StandfirstThousands of Londoners could be affected by Unilever job cuts as it warns job losses will be "at global headquarters".
Londoners employed by Unilever risk redundancy as part of the 7500 job cut plan announced today.
The manufacturers of Dove and Marmite said that the cuts will be “predominantly office based”. This means that the London head quarters on Victoria Embankment could take a substantial hit.
The company has 6,000 staff in the UK and a global workforce of 12,000 people.
This is as the company looks to invest in artificial intelligence (AI) and IT services. The group’s bosses have said that the technology will “play a role” in the jobs cull as part of a “comprehensive” programme.
The cuts are part of “a comprehensive productivity programme” to save £684 million over the next three years. The cost cutting measures are led by Hein Schumacher who took over from Alan Jope in July 2023.
The job losses come after “disappointing” 2023 company results.
He said: “We are very aware of how unsettling this will be for our people […] we are set on carrying these changes out with respect and care.
“We have a big agenda. This is going to be a very busy period for the next 18 months.”
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