Unilever to spin off ice cream unit, cut 7,500 jobs


UNILEVER plans to spin off its ice cream unit, home to popular brands such as Magnum and Ben & Jerry's, into a standalone business, as the consumer goods group announced a new cost-savings programme on Tuesday that would impact 7,500 jobs.

The spin off will begin immediately and is expected to complete by the end of 2025, the London-listed company said.

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Unilever , ice cream , Magnum , jobs

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