Nestlé Announces Plans to Cut 16,000 Jobs
Yahoo Finance·2025-10-16 08:22
Group 1 - The company, Nestlé, announced plans to reduce its workforce by 16,000 jobs, which represents approximately 6% of its total workforce [1] - The job cuts will be implemented over the next two years following the recent replacement of its chief executive officer [1] - Nestlé is known for its popular products, including Nespresso coffee capsules and KitKat candy bars [1]