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Nestle to cut 16,000 jobs
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<blockquote data-quote="topkollek" data-source="post: 31026382" data-attributes="member: 510150"><p>Nestlé, the world's largest food and beverage company, made headlines on October 16, 2025, with a major restructuring announcement aimed at accelerating a turnaround and cutting costs. Under its new CEO, Philipp Navratil—who took the helm recently—the company revealed plans to eliminate approximately 16,000 jobs globally over the next two years. This represents about 6% of its workforce and includes roughly<span style="color: rgb(184, 49, 47)"> 12,000 white-collar positions</span> (such as in administration and corporate functions) and 4,000 other roles, including in manufacturing. The move is expected to save the company around 1 billion Swiss francs (about $1.25 billion) annually, with a focus on automation and operational efficiencies.</p><p></p><p>The announcement came alongside positive financial results for the first nine months of 2025: Nestlé reported organic sales growth of 3.3%, surpassing expectations and driven largely by price increases of 2.8%. The company maintained its full-year 2025 guidance unchanged, signaling confidence in continued improvement.<span style="color: rgb(184, 49, 47)"> Shares in Nestlé surged about 9% following the news, reflecting investor approval of the cost-discipline strategy.</span></p><p><span style="color: rgb(184, 49, 47)"></span></p><p><span style="color: rgb(184, 49, 47)"><img src="https://media0.giphy.com/media/v1.Y2lkPTg5ZGEwMjhjejN6MGdsYmMwaHhkbmk3aGU0NGJpcHNheDUwdGs5ODJ3Y2N5Zml1NyZlcD12MV9naWZzX3NlYXJjaCZjdD1n/12Eo7WogCAoj84/200.gif" alt="Animation Money GIF" class="fr-fic fr-dii fr-draggable " style="" /></span></p></blockquote><p></p>
[QUOTE="topkollek, post: 31026382, member: 510150"] Nestlé, the world's largest food and beverage company, made headlines on October 16, 2025, with a major restructuring announcement aimed at accelerating a turnaround and cutting costs. Under its new CEO, Philipp Navratil—who took the helm recently—the company revealed plans to eliminate approximately 16,000 jobs globally over the next two years. This represents about 6% of its workforce and includes roughly[COLOR=rgb(184, 49, 47)] 12,000 white-collar positions[/COLOR] (such as in administration and corporate functions) and 4,000 other roles, including in manufacturing. The move is expected to save the company around 1 billion Swiss francs (about $1.25 billion) annually, with a focus on automation and operational efficiencies. The announcement came alongside positive financial results for the first nine months of 2025: Nestlé reported organic sales growth of 3.3%, surpassing expectations and driven largely by price increases of 2.8%. The company maintained its full-year 2025 guidance unchanged, signaling confidence in continued improvement.[COLOR=rgb(184, 49, 47)] Shares in Nestlé surged about 9% following the news, reflecting investor approval of the cost-discipline strategy. [IMG alt="Animation Money GIF"]https://media0.giphy.com/media/v1.Y2lkPTg5ZGEwMjhjejN6MGdsYmMwaHhkbmk3aGU0NGJpcHNheDUwdGs5ODJ3Y2N5Zml1NyZlcD12MV9naWZzX3NlYXJjaCZjdD1n/12Eo7WogCAoj84/200.gif[/IMG][/COLOR] [/QUOTE]
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