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Nestlé to Cut 16,000 Jobs in Cost-Cutting Drive

1 min read
Source: BBC
Nestlé to Cut 16,000 Jobs in Cost-Cutting Drive
Photo: BBC
TL;DR

Nestle plans to cut 16,000 jobs over the next two years to focus on high-potential products and improve cost efficiency, as part of a strategic shift under new CEO Philipp Navratil aimed at boosting performance and investor confidence.

Topics:top-newsbusiness#business#ceo-change#cost-savings#job-cuts#market-share#nestle
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  1. Nestle to axe 16,000 jobs as new boss pushes to cut costs  BBC
  2. Nestle to cut 16,000 jobs as new CEO ignites 'turnaround fire'  Reuters
  3. Nestle jumps 8% after consumer goods giant announces plans to slash 16,000 jobs  CNBC
  4. Nestlé to axe 16,000 jobs as new chief targets sales growth  The Guardian
  5. Nestle says it's slashing 16,000 jobs over next 2 years  CBS News

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