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Unilever's new CEO is shaking up the company with sharp cuts at the top: 'We are fed up with mediocrity'
Summary by Business Insider
2 Articles
2 Articles
Unilever's new CEO is shaking up the company with sharp cuts at the top: 'We are fed up with mediocrity'
Consumer brand conglomerate Unilever is shifting from a geography-led strategy to a category-led one.Fu Tian/China News Service/VCG via Getty ImagesUnilever's CEO says he is looking to replace up to a quarter of the company's top 200 leaders.The global consumer brand conglomerate has already cut roughly 18% of its white collar workforce."We have absolute accountability now in the company," Fernando Fernandez said. "Nobody can hide."It's not just…
·United States
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Fernando Fernandez also says that "no single cent will invest" in mergers and acquisitions outside the United States and India
·Brazil
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Total News Sources2
Leaning Left1Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
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