Unilever to cut 315 jobs

by Eric Schroeder
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LONDON — Unilever P.L.C. announced plans to eliminate 315 jobs in Britain during the next 12 months as part of a worldwide cost-cutting program, and warned that more cuts may be coming following a review at three plants. The move is part of a larger program first announced in August to cut 20,000 jobs, or about 11% of its workforce. During the last two years, Unilever has disposed of non-strategic assets equivalent to €2.3 billion ($3.167 billion), or 6% of its 2004 revenues. In the latest action, the 315 job losses will come from three of the group’s laundry and food factories. Three more plants employing around 900 face likely job cuts when reviews are completed in April 2008, Unilever said.

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