Unilever suspends hiring at all levels citing Iran war impact
MG News | March 31, 2026 at 01:09 PM GMT+05:00
March 31, 2026 (MLN): Consumer goods giant Unilever,
the maker of Dove soap, has introduced a global hiring freeze across all
levels, which will last at least three months, citing the ongoing Middle East
conflict as a key factor.
The London-based company said the freeze, effective
immediately, is a precaution against the “significant challenges” posed by the
month-long Iran war, as reported by Reuters.
Companies worldwide, from airlines to retailers, are taking
measures to mitigate disruptions caused by the conflict, which has severely
impacted global trade and led to historic spikes in energy prices.
Fabian Garcia, head of Unilever’s personal care division,
wrote in the memo that macroeconomic and geopolitical pressures, particularly
the Middle East tensions, are expected to affect business operations over the
coming months.
Unilever, which produces most of its goods locally but
relies on energy-intensive raw materials like chemicals, food, and packaging,
said in a statement that the recruitment pause is temporary and the company
will adjust its plans as conditions change.
The hiring freeze comes on top of an ongoing cost-cutting
initiative launched in 2024 aimed at saving about €800 million ($917 million)
over three years, which is expected to impact roughly 7,500 office-based roles.
Unilever’s workforce has already been reduced from around 149,000 employees in
2020 to 96,000 today.
The company has faced challenges in boosting sales volumes
since the Covid-19 pandemic and is currently negotiating the sale of its foods
business to McCormick & Company. Under the proposed deal, Unilever
shareholders would retain a majority stake in the combined entity, signaling a
major restructuring under CEO Fernando Fernandez.
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