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Nestle to cut 16,000 jobs worldwide, job cuts represent about 6% of its staff

Nestle CEO Philipp Navratil said Nestle was increasing its savings target to 3 billion Swiss francs by the end of 2027. That needs layoffs.(AFP)
education
Updated on Oct 16, 2025 04:48 PM IST

Nestle India Q2 revenue up 10%, profit slips by nearly fourth amid record sales

Nestle India's quarterly results came on a day when the Nescafe maker announced plans to cut 16,000 jobs globally over the next two years.(Reuters)
business
Updated on Oct 16, 2025 01:00 PM IST

Nestle plans layoffs that will affect 16,000 jobs globally over next two years

Nestle CEO Philipp Navratil said Nestle was increasing its savings target to 3 billion Swiss francs by the end of 2027. That needs layoffs.(AFP)
business
Updated on Oct 16, 2025 01:04 PM IST

How Nestle CEO Laurent Freixe's affair with junior colleague was exposed

Laurent Freixe was dismissed as the CEO of Nestle over a romantic relationship with a junior. (AP Photo/Keystone, Laurent Gillieron, File)(AP)
trending
Updated on Sep 02, 2025 10:44 AM IST

Nestle sacks CEO Laurent Freixe over ‘romantic relationship’ in office

The multinational behind Nespresso coffee capsules and KitKat chocolate bars said Freixe's dismissal followed an investigation. (Pic used for representation)(Reuters file)
business
Published on Sep 01, 2025 11:41 PM IST
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