Tag Archives: Nestle

Nestlé CEO sends workers harsh warning  TheStreet World’s largest food company is cutting 16,000 jobs due partly to automation  CNN Nestle announces plans to slash 16,000 jobs, stock jumps 9%  CNBC Nestlé Plan to Slash 16,000 Jobs Sparks Share Jump  The Wall Street Journal Nestle to cut 16,000 jobs as part of cost savings initiative  Fox Business Source link

Nestlé is cutting 16,000 jobs globally as the Swiss food giant cuts costs as part of its efforts to revive its financial performance. Nestlé, which makes Nescafé, KitKats, pet foods and many other well-known consumer brands, said Thursday that the job cuts will take place over the next two years. The Swiss company also said that it is raising targeted …

Nine-month sales 2025: Positive trends; focus on driving growth  Nestlé Global World’s largest food company is cutting 16,000 jobs due partly to automation  CNN Nestlé is laying off over 16,000 employees under its new CEO—and says a key motivator is ‘automation’  Fortune Nestlé Plan to Slash 16,000 Jobs Sparks Share Jump  The Wall Street Journal Nestle earnings beat and 16,000 job cuts prompt biggest …

Nestlé will lay off 16,000 employees worldwide as recently-appointed CEO Philipp Navratil looks to turn around the world’s largest food company.  In a bid to cut costs, Nestlé will slash 12,000 white-collar jobs along with an additional 4,000 manufacturing and supply-chain positions, reducing 6% of its global workforce over the next two years, the company announced Thursday. Some white-collar roles …

London  —  Nestlé will cut around 16,000 jobs worldwide over the next two years as it works to slash costs, including through automation, the world’s largest food company said Thursday. Most of the layoffs – about 12,000 – will affect white-collar professionals as Nestlé targets “operational efficiency,” including by automating processes and using shared services, the company behind such brands …

Nestlé Plan to Slash 16,000 Jobs Sparks Share Jump  The Wall Street Journal Nestle jumps 8% after consumer goods giant announces plans to slash 16,000 jobs  CNBC Nestlé Stock Rises as New CEO Plans 16,000 Layoffs. The ‘World Is Changing.’  Barron’s Nestlé to Slash 16,000 Jobs in Cost-Cutting Push  The New York Times Nestlé cuts 16,000 jobs as part of an intensifying cost-cutting campaign  Yahoo …

Nestlé to Slash 16,000 Jobs in Cost-Cutting Push  The New York Times Nestlé Plan to Slash 16,000 Jobs Sparks Share Jump  The Wall Street Journal Nestle jumps 8% after consumer goods giant announces plans to slash 16,000 jobs  CNBC Nestle to cut 16,000 jobs as new CEO ignites ‘turnaround fire’  Reuters Nestlé, world’s largest food company, to cut 16,000 jobs worldwide due partly to …

Nestlé Plan to Slash 16,000 Jobs Sparks Share Jump  The Wall Street Journal Nestle to cut 16,000 jobs as new CEO ignites ‘turnaround fire’  Reuters Nestlé to Slash 16,000 Jobs in Cost-Cutting Push  The New York Times Nestle gains 6% after consumer goods giant announces plans to slash 16,000 jobs  CNBC Nestlé to axe 16,000 jobs as new chief targets sales growth  The Guardian Source …

Jars of Nescafe Instant coffee, part of food giant Nestle’s portfolio, sit on a supermarket shelf in Encinitas, California, U.S., September 2, 2025. Mike Blake | Reuters Nestle said Thursday it will cut 16,000 jobs as the firm’s new CEO Philipp Navratil looks to accelerate a turnaround at the consumer goods giant. In a bid to improve operational efficiency, the …

Ousted Nestlé CEO Laurent Freixe’s downfall began with an anonymous tip to an employee hotline about his alleged affair with a subordinate, it has been revealed. Reports started to emerge in the spring about the 63-year-old’s affair with a marketing executive on the company’s internal hotline called Speak Up, the Wall Street Journal reports. Employees are encouraged to use the hotline …