Core Insights - Nestle plans to cut 16,000 jobs to enhance operational efficiency under new CEO Philipp Navratil [1] - The company has accelerated its cost-savings program from 2.5 billion Swiss francs to 3 billion Swiss francs by the end of 2027 [2] - Nestle reported an organic growth rate of 4.3% in Q3, despite challenges from U.S. tariffs and rising raw material prices [2] Job Cuts and Management Changes - The job cuts will consist of 12,000 white-collar positions and an additional 4,000 roles over the next two years [1] - New management is in place to execute a transformation plan for the business [4] Financial Performance - Real Internal Growth (RIG) returned to positive territory at 0.6% in Q3, aided by growth investments and easier comparisons [3] - The company's performance in Greater China negatively impacted organic growth by 80 basis points and RIG by 40 basis points [4] Market Reactions and Future Outlook - Analysts had anticipated a return to positive RIG due to easier comparatives and benefits from Nestle's actions [4] - The overall sentiment is positive, with expectations for the stock to react favorably following improved performance [5]