Tag: Cost Reduction


  • Nestlé to Cut 16,000 Jobs as New CEO Targets Sales Growth

    Nestlé to Cut 16,000 Jobs as New CEO Targets Sales Growth

    Nestlé Announces Major Workforce Reduction as Growth Strategy Shifts into High Gear Nestlé, the Swiss owner of KitKat, Nescafé, and Purina, revealed plans to shed about 16,000 jobs over the next two years as part of a broader effort to cut costs and accelerate growth. The announcement marks a bold acceleration of restructuring under the…