Unilever to slash 7,500 jobs to reduce costs, boost profits

LONDON, UK: This week, UK company Unilever, the company that makes Ben & Jerry's ice cream, Dove soaps, and Vaseline, announced that it is cutting 7,500 jobs to reduce costs and boost profits.

London-based Unilever also said it would spin off its ice cream business, including Magnum bars, with the process expected to be completed by the end of next year.

The company said this segment has "distinct charac