Unilever targets 1.12B in savings
Unilever aims to deliver productivity savings of 1.12 billion dollars by the end of 2029. The company is overhauling its operating model to become a focused home and personal care business.
Insights:
Unilever targeted €1 billion ($1.12 billion) in productivity savings by late 2029 on Tuesday, launching an operating model overhaul. The consumer goods company is restructuring to focus primarily on its core home and personal care business. The pivot comes as management seeks to streamline operations and boost long-term margins for investors.
