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Unilever to spin off ice cream unit, cut 7,500 jobs for cost savings

By Inquirer - 8 months ago
Unilever said on Tuesday it would spin off its ice cream unit, home to popular brands such as Magnum and Ben & Jerry’s, into a standalone business and cut 7,500 jobs in a new cost-savings program, sending shares surging in early trading. The spinoff will begin immediately and is expected to complete by the end

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