From Yahoo Finance: 2025-06-17 13:49:00

Unilever PLC (NYSE:UL) is a top bear market stock pick by analysts, but workers in Ivory Coast protest against potential layoffs due to the sale of the business. The company may sell its shares to a local investor group, risking redundancies for 160 employees.

Protests erupted at Unilever offices in Abidjan as workers fear layoffs amid the sale of the Ivory Coast unit. Management insists the transaction won’t lead to contract terminations, but workers are concerned about severance pay guarantees.

Unilever PLC (NYSE:UL) is a UK-based consumer goods company with segments like Beauty & Wellbeing, Personal Care, and Foods. Founded in 1860, it offers products under brands like Dove and Knorr. Despite its potential, some believe AI stocks offer better investment opportunities.

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Read more: Unilever Faces Worker Protests Over Ivory Coast Exit