The food and consumer goods company has announced plans to reduce the group's workforce by 11% over the next four years as it reorganises its global operations and sells off £1.3bn worth of underperforming brands.
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The majority of the job cuts are expected to be made in Europe. The reorganisation and job cuts are expected to result in cost savings of £1bn a year by 2010.
Unilever said it would close or streamline about 50 of its 300 manufacturing sites and reduce its regional offices from around 100 to about 25 by merging management teams in neighbouring countries.
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