Nestle, the world’s largest packaged-food company, is trimming its workforce by 16,000 over the next two years as it seeks to "substantially" reduce costs under its new CEO Philipp Navratil. In the ...

Nestlé is cutting 16,000 jobs globally to streamline operations, focus on high-return products, and shore up profitability under new CEO Philipp Navratil. Food and beverage giant Nestlé has announced ...

Food and beverage giant Nestlé shocked employees and investors Thursday morning, when incoming CEO Philipp Navratil, announced the company is to cut 7% of its workforce. The move to make the business ...

Nestlé plans to cut 16,000 jobs globally over two years, with 12,000 white-collar roles targeted to save one billion Swiss francs. This aggressive cost-saving measure, aiming for three billion Swiss ...

Nestlé SA’s new chief executive officer announced plans to slash 16,000 jobs only weeks after taking over, aiming to build on a stronger-than-expected increase in quarterly sales that lifted the Swiss ...

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 ...

Nestle, the Swiss food giant whose brands include Toll House cookies, Nespresso coffee, Gerber baby products and Perrier water, will eliminate 16,000 jobs worldwide over the next two years, its new ...

ZURICH – Nestle plans to cut 16,000 jobs as new chief executive Philipp Navratil seeks to accelerate a turnaround at the Swiss food giant. The reductions, which would amount to about 6 per cent of the ...

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 – ...

Nestlé SA's new CEO Philipp Navratil announced plans to slash 16,000 jobs to build on a stronger-than-expected increase in quarterly sales. The job reductions will occur over the next two years and ...

Nestle’s new CEO, Philipp Navratil, announced on Thursday that around 16,000 employees will lose their jobs, 6 per cent of the total workforce, in the next two years. The announcement came during ...

Nestlé NESN1.07%increase; green up pointing triangle said it would cut 16,000 jobs and take a fresh look at exiting some of its 2,000-plus brands, part of a sweeping restructuring under new Chief ...