Nestle will cut 16,000 jobs to reverse slowed growth as it faces U.S. tariffs

Let's start with Nestle. It's cutting 16,000 jobs or roughly 6% of its workforce. The world's largest package food maker says the move will help it cut costs and win back investor confidence.The Swiss maker of KitKats, Nespresso, Perier is trying to reverse stalling sales growth as it faces US import tariffs. ...