Unilever to cut 7,500 jobs, spin off Ben & Jerry's and other ice cream

Unilever, the company that makes Ben & Jerry's ice cream, Dove soap and Vaseline, said Tuesday that it is cutting 7,500 jobs and spinning off its ice cream business to reduce costs and boost profits.

Unilever said it will invest in technology to find efficiencies and avoid duplication, which it anticipates will help it save $867 million over the next three years. The company also laid off 1,500 staffers in early 2022. Some analysts pointed out that splitting from Ben & Jerry's, which is known for social activism that has put it at odds at times with its corporate owner, could have an added upside for Unilever.

Ben & Jerry's has supported liberal issues like LGBTQ+ rights, Black Lives Matter, justice for migrants and efforts to fight climate change.

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