Unilever and the Royal Mail slash 2,200 jobs to beat inflation squeeze

UNILEVER and Royal Mail have announced a combined 2,200 job cuts as both look to cut costs and make themselves more efficient as inflation bites.

- Geoff Ho

The 1,500 redundancies at Marmite makers Unilever will see 15 per cent and five per cent of its senior and junior managers respectively lose their jobs.

Workers on the consumer goods giant's factory floors are not expected to be affected.

The job losses are part of a wider restructuring which will see Unilever, which employs more than 6,000 people in the UK and Ireland, organise itself into five divisions - beauty and wellbeing, personal care, home care, nutrition and ice cream.

Chief executive Alan Jope said the changes will make the company more efficient. He added: "Growth remains our top priority and these changes will underpin our pursuit of this."