Overview

• Nestlé employees protested in Frankfurt against the planned elimination of 230 jobs at Neuss and Conow facilities in Germany.
• The company announced the Neuss plant will close by mid-2026, while the Conow site will be sold as part of its restructuring efforts.
• Nestlé's German workforce has been reduced from 12,400 in 2014 to 6,500 today, reflecting a long-term trend of downsizing and relocation.
• The NGG union criticized the moves, attributing them to profit-driven decisions and the relocation of production to countries with lower wages, such as those in Eastern Europe.
• Nestlé reported a 1.8% drop in global revenue and a 2.9% decline in profit last year, with officials stating that the company will continue production in Germany despite these closures.