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Unilever's (ULVR.L) European workers are seeking long-term job protections in talks with management over a likely merger of the firm's food business with McCormick (MKC.N), seeking similar terms to those won in the Magnum ice cream spin-off last year.
The Unilever European Works Council (UEWC), which represents some 20,000 Unilever employees in Europe and Britain, met with CEO Fernando Fernandez last week to discuss the merger, according to a memo seen by Reuters and previously unreported.
"A formal consultation process will be established, comparable to the procedures used during the ice cream separation and productivity programme," the memo stated, based on the UEWC's conversation with Fernandez.
