By Richa Naidu
LONDON (Reuters) – Unilever said on Tuesday that it plans to cut about 1,500 roles across senior and junior management as part of a global restructuring plan aimed at streamlining operations and soothing the concerns of worried investors.
The announcement comes days after reports that activist investor Nelson Peltz’s Trian Partners has been building a stake in the world’s second biggest personal care products maker, which owns the Dove Soap and Vaseline brands.
(Reporting by Richa Naidu in London and Pushkala Aripaka in Bengaluru; editing by Jason Neely)
