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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)

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)

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)

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)

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)

Published on Sep 01, 2025 11:41 PM IST

Nestle hiring candidates for ₹5-10 LPA? MD calls job posting ‘complete fake’

Nestle Indian Chairman and MD Suresh Narayanan called out a fake job posting on LinkedIn. (LinkedIn/Suresh Narayanan)

Updated on Mar 18, 2025 01:14 PM IST

SEBI issues warning to Nestle India over insider trading norms breach

A Swiss flag flutters on the headquarters of Nestle in Vevey, Switzerland, November 25, 2024. REUTERS/Denis Balibouse

Published on Mar 08, 2025 05:32 AM IST

Nestle, PepsiCo sell substandard products in low-income countries, claims report

Multinational food companies have been found selling lower quality products in low-income countries. (Representative image)(Bloomberg)

Published on Nov 10, 2024 10:55 PM IST

Amazon India head to replace Nestle India's Chairman and MD after his retirement

Manish Tiwary, with nearly three decades of experience in e-commerce and consumer goods has worked with Amazon for the last eight and a half years, joining as a Vice President in May 2016, and becoming the India head in July 2020(Amazon India)

Published on Oct 07, 2024 02:59 PM IST

Sensex, Nifty reach fresh all-time high levels: Will stock market rise more?

Stock market today: Sensex and Nifty achieve all-time highs amid a surge in Asian markets. The Sensex hits 85,372.17, while Nifty reaches 26,056. Despite foreign selling, domestic liquidity supports the market as major IT stocks lead gains.(Reuters)

Published on Sep 26, 2024 10:03 AM IST

Nestle to pay $2.2 million to end French mineral water case

Published on Sep 11, 2024 10:27 AM IST

Nestle Chairman says CEO change was prompted by growth concerns

Nestle CEO Mark Schneider attends the Annual General Meeting of Nestle in Ecublens near Lausanne, Switzerland, April 18, 2024. (Denis Balibouse/Reuters)

Published on Aug 25, 2024 05:38 PM IST

Nestle CEO among many consumer goods company bosses felled by high living costs

Nestle Chief Executive Mark Schneider talks during a news conference at the company headquarters in Vevey, Switzerland. (Reuters)

Published on Aug 23, 2024 12:39 PM IST

Nestlé CEO Mark Schneider steps down after 8 years; Laurent Freixe to take over

Laurent Freixe, EVP and CEO Zone Americas of Nestle, smiles during an interview in Mexico City, Mexico.(Reuters)

Updated on Aug 23, 2024 07:56 AM IST

Nestle India misses Q1 estimates, posts slowest revenue growth in 8 years

A worker arranges packets of Nestle's Maggi noodles on a shelf inside a supermarket in Mumbai, India.(Reuters)

Updated on Jul 25, 2024 12:27 PM IST

Chocolate; a taste of paradise

Enough chocolate to satisfy your soul (Daniel D’Souza)

Published on Jul 08, 2024 09:24 PM IST

With 6 billion servings, India is the world's largest market for Maggi noodles

Packets of Maggi noodles (Abhinav Saha/HT)

Published on Jun 18, 2024 09:09 PM IST

Nestle India on sugar controversy: ‘No risk or harm, racial charges unfortunate’

Nestle sugar controversy: A report claimed that two of the best-selling baby-food brands by Nestle in India contain high levels of added sugar.

Published on Apr 29, 2024 04:07 PM IST

Read food labels, junk false health-gain claims

Published on Apr 26, 2024 10:10 PM IST

Nestle India Q4 results declared today; net profit jumps 27% to ₹934 crore

Nestle Q4 results have been declared today with the net profit jumping.(REUTERS)

Updated on Apr 25, 2024 01:31 PM IST

Nestle adds sugar to baby food: What happens when infants eat sugar? Expert take

As per World Health Organization guidelines, sugar is not recommended for infants. Added sugar can raise risk of long-term health issues in babies, making them susceptible to diabetes and other chronic diseases.(Freepik)

Published on Apr 19, 2024 04:26 PM IST

Consumer Affairs Min asks FSSAI to probe composition of Nestle's Cerelac baby cereals sold in India

Consumer Affairs Min asks FSSAI to probe composition of Nestle's Cerelac baby cereals sold in India

Updated on Oct 03, 2025 04:39 PM IST

Nestle India shares drop 5.4% to record worst day in 3 years

Updated on Apr 18, 2024 02:55 PM IST

Nestle's major controversies: From adding sugar in baby food to Maggi ban

Updated on Apr 18, 2024 12:13 PM IST

Nestle adds sugar to infant milk, cereal products sold in India, study claims

The report claimed that two of the best-selling baby-food brands by Nestle in India contain high levels of added sugar.

Updated on Apr 18, 2024 09:28 AM IST

Nestle India struggles on stock market, shares drop 2% after 1:10 stock split

Nestle India stock split saw the share price drop by 2 percent on Friday.(REUTERS)

Published on Jan 05, 2024 12:23 PM IST

Nestle India shares to be more affordable after 1:10 stock split

Nestle India share prices are expected to see a major drop tomorrow.(REUTERS)

Published on Jan 04, 2024 04:18 PM IST

Opening bell: Sensex in red at 60,287; Nifty trades at 17,789

Market updates today: People walk past an electronic signage displayed at the Bombay Stock Exchange (BSE) building.(PTI)

Updated on Apr 13, 2023 10:21 AM IST

Nestle to examine banking relationships following Credit Suisse downfall

Price increases had so far only had a

Published on Mar 28, 2023 02:56 PM IST

Reliance to offer FMCG products at up to 35% lesser price

Bottles of Campa Cola are displayed at a Reliance Smart supermarket in Mumbai, on March 20.(REUTERS)

Updated on Mar 26, 2023 07:28 PM IST

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