Unilever is to cut 340 jobs by merging its Dutch and Belgian operations, the food-to-detergents manufacturing company said on Thursday afternoon.

Most of the jobs will go in the marketing and advertising departments. Compulsory job losses are not ruled out.
Unilever hopes the move will strengthen its competitive position and increase efficiency in both territories. Unilever Benelux will be based in Brussels and Rotterdam and headed by current Unilever Nederland director Harry Brouwer.