Overview

• About 12,000 office roles and 4,000 production and supply‑chain positions will be eliminated over two years.
• Nestlé raised its cost‑savings goal to 3.0 billion Swiss francs by end‑2027, with office cuts expected to deliver roughly 1.0 billion francs in annual savings by then.
• Organic sales growth reached 3.3% for the first nine months and 4.3% in the third quarter, topping analyst expectations.
• The share price jumped about 7.7% in early trading after the results and restructuring plan, though analysts say further portfolio action is needed.
• CFO Anna Manz said the company aims to reduce roughly 60 billion francs of debt and is evaluating a sale or partial sale of the water business.