Hello my dears,
Recently, consumer goods giants were mentioned here as a good hedge in times of war.
I was perhaps not entirely wrong in my opinion that this would not be a good choice after all.
The consumer goods group is reacting to the economic consequences of the war in Iran and is halting new recruitment worldwide for at least three months. The move is part of a comprehensive cost-cutting program.
The consumer goods group Unilever has imposed a worldwide hiring freeze at all levels with immediate effect. The manufacturer of brands such as Dove and Knorr is thus reacting to die wirtschaftlichen Folgen des Iran-Kriegsaccording to an internal letter obtained by the Reuters news agency.
The freeze is to last at least three months. "The macroeconomic and geopolitical realities, particularly the conflict in the Middle East, pose significant challenges for the coming months," Fabian Garcia, head of the personal care division, wrote to employees last week. The war, which has been going on for a month now, has disrupted global trade and caused the most serious Unterbrechung der Öl- und Gasversorgung in der Geschichte verursacht.
The hiring freeze comes on top of an already ongoing savings program. Unilever The company wants to save around 800 million euros within three years from 2024 and cut around 7500 jobs in the process. The britische Group has been struggling with weak sales figures since the coronavirus pandemic.
r is currently negotiating the sale of its food division to its smaller competitor McCormick. The number of employees has already fallen from around 149,000 in 2020 to 96,000 at present. Unilever shares rose by 1.1 percent in London on Monday.
Konsumgüterkonzern: Unilever verhängt globalen Einstellungsstopp wegen Iran-Krieg
