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Unilever to restructure organization and cut 1,500 jobs



The consumer-goods giant has announced changes to its organisational model to make it a simpler and more category-focused business.

The company will move away from its current matrix structure and will be organised around five distinct Business Groups: Beauty & Wellbeing (which includes Hair Care, Skin Care, as well as Vitamins, Minerals and Supplements, and Unilever Prestige); Personal Care (which includes Skin Cleansing, Deodorants, and Oral Care); Home Care; Nutrition; and Ice. ....

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Credit Suisse Names Axel P. Lehmann as New Chairman; António Horta-Osório Resigned

(PLX AI) - Credit Suisse Group today announced that the Board of Directors has appointed Axel P. Lehmann as the bank's new Chairman effective immediately. • He succeeds António Horta-Osório, who resigned ....

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