HUL to closely assess parent’s global initiatives amid job cuts in Europe

Hindustan Unilever (HUL) will closely assess the global initiatives of its parent under the productivity programme and evaluate what works best for its business and people, said the company.

The statement from HUL comes after its parent Unilever recently told its employees that it will cut a third of office-based jobs in Europe by the end of 2025.

“We will closely assess the global initiatives of Unilever under the productivity programme and evaluate what works best for our business and our people,” HUL told Business Standard.

“In HUL, we have been continuously transforming to unlock productivity. For instance, we have a very robust

First Published: Jul 14 2024 | 7:06 PM IST