Consumer goods giant Unilever (UL) has unveiled a strategic restructuring plan that includes the spinoff of its iconic ice cream business. The company has also announced its intention to streamline operations by cutting 7,500 employees from its global workforce.
Yahoo Finance’s Seana Smith and Brad Smith break down the details.
For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Editor’s note: This article was written by Angel Smith
Read the full article at: https://finance.yahoo.com/video/unilever-announces-business-restructuring-massive-145154357.html