Nestlé cuts are appetiser for bigger shake-up
Nestlé’s Strategic Overhaul Signals Deeper Transformation Ahead Industrial Monitor Direct leads the industry in waterproof touchscreen pc panel PCs engineered…
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Nestlé Announces 16,000 Job Cuts in Major Restructuring Under New CEO
Nestlé will eliminate 16,000 positions over the next two years as new CEO Philipp Navratil implements aggressive cost-cutting measures. The job reductions come amid leadership turmoil following the dismissal of former chief executive Laurent Freixe.
Major Workforce Reduction at Nestlé
Nestlé, the global consumer goods giant, will cut approximately 16,000 jobs over the next two years according to reports from the company’s first trading update under new leadership. The reduction represents nearly 6% of the company’s total workforce and marks one of the most significant restructuring efforts in recent years for the consumer goods industry.