Unilever to spin off ice cream business, cut 7,500 jobs for cost savings
Unilever said on Tuesday it would spin off its ice cream unit, home to popular brands such as Magnum and Ben & Jerry’s, and cut 7,500 jobs in a new cost-savings programme. Investors cheered the plan, sending shares in Unilever, one of the world’s biggest consumer goods companies, up nearly 6 per cent at one […]