BusinessEconomy

Nestlé to Eliminate 16,000 Positions in Global Restructuring Plan

Nestlé has revealed plans to cut approximately 16,000 jobs globally over the next two years, representing nearly 6% of its total workforce. The restructuring will primarily affect white-collar professionals while targeting significantly higher cost savings. Company leadership describes the move as necessary for maintaining competitive positioning in the evolving market landscape.

Major Workforce Reduction at Food and Beverage Giant

Nestlé, the global food and beverage corporation, will reduce its global workforce by 16,000 positions over the next two years, according to reports from the company. This substantial restructuring represents approximately 6% of the company’s total employees worldwide and signals a significant shift in operational strategy under new leadership.