Particle.news
Download on the App Store
3 ARTICLES
·
11h ago

Nestlé to Eliminate 16,000 Jobs Worldwide in Two-Year Overhaul

The company raised its annual savings goal to 3 billion Swiss francs to bolster profitability under new chief Philipp Navratil.

Lors de la publication jeudi 16 octobre 2025 du chiffre d’affaires de l’entreprise sur neuf mois, le nouveau patron de Nestlé a annoncé la suppression de 16 000 postes durant les deux prochaines années.
Le logo de Nestlé au siège de l’entreprise à Vevey en Suisse.

Overview

  • Nestlé announced a global workforce reduction of 16,000 positions to be carried out over the next two years.
  • About 12,000 office roles are targeted, expected to deliver roughly CHF 1 billion in annual savings by end-2027, alongside 4,000 cuts tied to productivity efforts in production and supply chains.
  • The group increased its cost-savings target to CHF 3 billion from CHF 2.5 billion as part of the restructuring plan.
  • Nine-month reported sales declined 1.9% to CHF 65.9 billion, while organic growth reached 3.3% driven by a 2.8% price increase.
  • France’s CFDT union criticized the layoffs as shareholder-focused, and Nestlé shares rose nearly 7% in early trading, with local impacts still to be determined.