‘Hard but necessary decision’: Nestle to cut 16,000 jobs globally; white-collar roles hit hardest
Swiss food giant Nestlé on Thursday announced that it is planning to eliminate 16,000 jobs worldwide over the next two years, as its new CEO, Philipp Navratil, vowed to accelerate transformation amid slowing growth.“The world is changing, and Nestlé needs to change faster,” Navratil said in a statement. “This includes making hard but necessary decisions…
