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home / news releases / VWAGY - Wall Street Breakfast Podcast: Unilever To Spinoff Ice Cream Business Cut 7500 Jobs

VWAGY - Wall Street Breakfast Podcast: Unilever To Spinoff Ice Cream Business Cut 7500 Jobs

Volkswagen AG ADR Repstg 1/10th Sh

2024-03-19 06:58:16 ET

Summary

  • Unilever plans to spin off its ice cream unit into a standalone business and cut 7,500 jobs as part of a cost-savings program.
  • Exxon Mobil CEO says the company will not proceed with a low-carbon hydrogen project if tax incentives for natural gas-fed facilities are withheld.
  • Autoworkers at a Volkswagen factory in Tennessee have filed a petition to join the United Autoworkers Union, marking the UAW's third attempt to unionize the facility.

Listen below or on the go on Apple Podcasts and Spotify

Unilever ( UL ) to separate ice-cream business, slash 7,500 jobs globally. (00:30) Exxon ( XOM ) CEO says giant Texas hydrogen project at risk without IRA tax credits. (01:38) Third time's the charm? Volkswagen ( VWAGY ) Tennessee auto workers vote to unionize . (02:57)...

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Wall Street Breakfast Podcast: Unilever To Spinoff Ice Cream Business, Cut 7,500 Jobs
Stock Information
Company Name: Volkswagen AG ADR Repstg 1/10th Sh
Stock Symbol: VWAGY
Market: OTC
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