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Unilever Plans Thousands of Job Cuts



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Unilever Plc is reportedly planning to cut thousands of management jobs. That news comes as activist investor Nelson Peltz builds a stake in the consumer goods giant, pressuring the chief executive Alan Jope. Last week, Unilever failed in its bid for GlaxoSmithKline's consumer healthcare business. Bloomberg's Deirdre Hipwell reports on "Bloomberg Markets: European Open."
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Management
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