Unilever to cut 30% product portfolio by 2014-end
date:Dec 09, 2013
nd drive new energy into the organization.

Unilever plans to save 500m ($683m) in 2014, following the layoffs this year. This would help the company improve supply chain and make its processes more efficient.

Polman added, The overall portfolio is perhaps not as robust yet as some of our competitors, but you have to deal with the deck of cards you've been given.

Unilever CFO Jean-Marc Huet said that the company will sell off most of its brands in the food business rather than the personal car
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