Overview

• Nestlé said the planned layoffs equal about 6% of its roughly 277,000 employees.
• About 12,000 reductions will be in managerial roles, with around 4,000 in production and supply functions.
• The company reported nine-month 2025 sales down 1.9% to 65.9 billion Swiss francs.
• Third-quarter sales rose 4.3%, driven by 3.3% organic growth and a 2.8% price increase.
• CEO Philipp Navratil, in the role since September 1, also signaled possible additional cuts if underperforming divisions are closed or sold.