News > FMCG giant Unilever to spin off ice cream business, slash 7,500 jobs globally

FMCG giant Unilever to spin off ice cream business, slash 7,500 jobs globally

A major productivity programme is expected to deliver around €800 million in cost savings over the next three years. Unilever is a major player in the ice cream business globally and has five of the top ten selling brands like Wall's, Magnum and Ben & Jerry's. The separation of ice cream will create a world-leading business, operating in a highly attractive category, with brands that together delivered a turnover of €7.9 billion in 2023, Unilever said.