Recently, Unilever has announced plans to cut 149 jobs in New Jersey over the next 13 months as part of its global Growth Action Plan (GAP). The GAP aims to simplify operations and enhance growth by restructuring the company’s business. A key element of this initiative is the separation of Unilever’s €7.9 billion ice cream division, which includes brands such as Ben & Jerry’s and Magnum, into an independent entity by the end of 2025.
In a statement, Unilever said impacted employees will have the opportunity to apply for open positions within the company, receive severance pay, and access outplacement services and development training.
The company’s U.S. headquarters will remain in New Jersey, relocating from Englewood Cliffs to Hoboken in March 2025. Despite the job cuts, Unilever has committed to supporting affected employees with opportunities to apply for internal roles, severance packages, outplacement services, and professional development training. Previously, Unilever announced that it plans to cut a third of all office roles in Europe by the end of 2025 as part of a strategy by CEO Hein Schumacher to revive growth at the consumer goods giant.
As one of the world’s leading fast-moving consumer goods companies, Unilever operates across homecare, personal care, and food sectors. Its portfolio includes globally recognized brands like Axe, Dove, Lifebuoy, and Lux. According to the latest financial report, Unilever reported a turnover of €15.2 billion in Q3, with underlying sales growth (USG) of 4.5%. This growth was primarily driven by underlying volume growth (UVG) of 3.6%, marking the fourth consecutive quarter of positive and improving volume growth.
