Tag: FMCG


  • Nestlé to axe 16,000 jobs to boost sales growth

    Nestlé to axe 16,000 jobs to boost sales growth

    Nestlé unveils ambitious cost-cutting plan Nestlé, the owner of KitKat and Nescafé, announced a sweeping restructuring that will see 16,000 jobs cut over the next two years. The company aims to streamline costs and accelerate sales growth as it faces a challenging macro backdrop, currency headwinds, and shifting consumer demand. The cuts represent about 6%…