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Nestle Plans to Cut Workforce by 16,000 in Cost-Savings Push

  • Nestle plans to cut 16,000 jobs in the next two years to focus on higher return products, according to CEO Philipp Navratil.
  • The cuts include 12,000 white collar jobs and 4,000 other roles, as stated in a company release.
  • The layoffs aim to save Nestle about 1 billion SFr each year during the cost-savings effort.
  • A Nestle spokesperson noted that the workforce reduction will affect markets globally over the next two years.
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The Swiss food conglomerate Nestle has announced the layoff of 16,000 employees over the next two years.

·Belgrade, Serbia
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  • 53% of the sources are Center
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Bloomberg broke the news in United States on Thursday, October 16, 2025.
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