Core Insights - Nestlé reported an organic growth rate of 3.3% for the first three quarters of 2025, with a significant increase to 4.3% in the third quarter, driven by pricing strategies and low year-on-year comparisons [1] - The company plans to cut approximately 16,000 jobs globally over the next two years, including 12,000 white-collar positions, as part of a strategy to enhance productivity and reduce costs [5] Financial Performance - The organic growth rate for the third quarter was 4.3%, with internal growth at 1.5% and pricing contribution at 2.8% [1] - Coffee and confectionery were the main contributors to organic growth, with some markets experiencing double-digit growth [1] - Developed markets showed an organic growth rate of 2.1%, while emerging markets achieved 5.2%, primarily driven by pricing [1] Regional Performance - The Greater China region experienced a significant decline, with an organic growth rate of -10.4% in the third quarter and -6.1% for the first nine months of the year [2] - The decline in the Greater China region is a key factor affecting the overall performance of the company [1][2] Strategic Initiatives - The new CEO, Philipp Navratil, emphasized a cautious approach to resource allocation, focusing on high-potential opportunities and bold investments to drive innovation and growth [5] - The company aims to achieve a cost-saving target of 3 billion Swiss francs by the end of 2027, alongside other initiatives to enhance overall business performance [5][6] - Nestlé is reducing excess inventory and refocusing on demand creation to improve market performance [6]