07:30 AM EDT, 07/12/2024 (MT Newswires) -- Unilever ( UL ) intends to cut one-third of all of its office jobs in Europe by the end of next year, the Financial Times reported Friday, citing a company-wide call, the details of which were shared with it.

As many as 3,200 roles in Europe would be cut by the end of 2025, as the company faces pressure to boost growth from shareholders, including activist investor Nelson Peltz, according to the report.

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