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Nestlé's $2.8 Billion Cost-Cutting Gambit: A Bid for Renewal

Summary by The Rio Times
Nestlé, the Swiss food giant, is embarking on a bold restructuring plan. The company aims to slash costs by $2.8 billion by 2027. This move comes as Nestlé grapples with slowing growth and changing consumer habits. New CEO Laurent Freixe is spearheading this initiative. He took the helm in September 2024, replacing Mark Schneider. Freixe […]
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