Unilever Plc is set to spin off its ice cream business, home to beloved brands like Ben & Jerry’s and Magnum, in a cost-cutting move that will result in 7,500 job losses. This strategic separation aims to create a more focused Unilever and a leading standalone ice cream business with robust growth prospects. CEO Hein Schumacher is steering a wider restructuring effort to drive growth, with the company targeting €800 million in cost savings over the next three years.
