Unilever slashing 1,500 jobs worldwide under restructure

Unilever shares were up 1.2% in early trade. File Picture: PA
Around 1,500 jobs globally are being cut at consumer goods giant Unilever as part of a group-wide overhaul.
The company is planning to axe around 15% of senior management roles and 5% of more junior management roles under a restructure to create five business divisions.