Unilever to Freeze Hiring as Iran War Drives Up Shipping Costs

Unilever Plc will freeze hiring globally for three months as it grapples with higher costs due to the Iran war.

The move will be in addition to the maker of Dove soap’s wider cost-cutting including reducing headcount and changing bonus structures. It also comes with Unilever in advanced talks to sell most of its food business to US spices maker McCormick & Co. The hiring freeze was first reported by Reuters late Monday.