date:Dec 09, 2013
British-Dutch multinational company Unilever is looking to cut its product portfolio by 30% by the end of 2014, in a move to become more efficient and reverse its global slowdown.
The company also said that it is set to eliminate 2,000 jobs as part of the initiative.
Reuters quoted Unilever CEO Paul Polman as saying, The global economy has calibrated down about 1-1.5 percent and we probably should've done a better job seeing it coming.
We're using that opportunity to step up the performance a