Thursday, November 15, 2007

EXPENDITURE STRATEGY - UNILEVER

1. Unilever, the world's second-largest consumer-products company, is selling assets with revenue of about 2 billion euros ($2.93 billion) to focus on brands known worldwide.
2. It plans to cut as many as 20,000 jobs, or 11 percent of its workforce, to spur growth and improve profitability.


[Click here for full story at: BLOOMBERG.COM]

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