(Adds detail on overhaul, CEO comment, background)
By Richa Naidu and Pushkala Aripaka
LONDON, Jan 25 (Reuters) - Unilever unveiled plans
on Tuesday to cut about 1,500 management jobs in an overhaul
aimed at easing shareholders' concerns after a failed takeover
bid and news that an activist investor had built a stake in the
consumer goods giant.
The maker of Dove soap and Magnum ice cream, which employs
about 149,000 people around the world, said on Tuesday it would
organise its business into five new divisions - beauty and
wellbeing, personal care, home care, nutrition, and ice cream.
"Our new organisational model has been developed over the
last year ... Moving to five category-focused Business Groups
will enable us to be more responsive to consumer and channel
trends, with crystal-clear accountability for delivery," CEO
Alan Jope said.
Unilever, whose shares have fallen about 13% over the past
year, last week effectively abandon https://www.reuters.com/business/retail-consumer/unilever-says-it-will-not-increase-50-bln-pound-offer-gsk-consumer-business-2022-01-19ed
plans to buy GlaxoSmithKline's consumer healthcare
business for 50 billion pounds ($67 billion).
The announcement also comes days after reports that activist
investor Nelson Peltz's Trian Partners had been building a stake
in the world's second biggest personal care products maker.
(Reporting by Richa Naidu in London and Pushkala Aripaka in
Bengaluru
Editing by Jason Neely and Mark Potter)