Unilever is to cut 7,500 jobs globally and spin off its ice-cream division as part of an overhaul aimed at saving about €800m (£684m) over the next three years.
The consumer goods company, whose brands range from Marmite and Hellmann’s mayonnaise to Dove soap, Lynx deodorant and Domestos bleach, employs 128,000 people worldwide. It said staff would be consulted about the cuts.