Unilever targets €1 billion in savings by the end of 2029

The savings are part of Unilever’s shift toward home and personal care. The company plans to simplify its organization, redesign processes and use technology to cut costs. It will progressively roll out a new operating model in 2027, grouping its markets into six units led by regional presidents. The food-division merger with McCormick is expected to close by mid-2027.