October 20, 2025|
AI
|about 2 months agoNestlé to Cut 16,000 Jobs Globally
Swiss food giant Nestlé announces major restructuring with 16,000 job cuts planned over next two years
AI
Generated IllustrationKey Takeaways
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- Nestlé will eliminate 16,000 jobs worldwide over the next two years.
- The job cuts include 12,000 white-collar positions.
- Nestlé's previous CEO was dismissed over an office relationship.
- The company faced a bottled water scandal in France starting in 2024.
By The Numbers
16,000
jobs cut
1 billion CHF
savings
3 billion CHF
total savings target
1.9%
sales decline
They Said
"The world is changing, and Nestle needs to change faster."
"Hard but necessary decisions to reduce headcount."
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