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Food industry: Nestlé plans to eliminate 16,000 jobs around the world by 2027

20/10/2025
Source : ORISHAS FINANCE
Categories: Sectors

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One of the heavyweights in the food industry, the Swiss Nestlé operates in several business segments, including coffee, cocoa and dairy products with a presence in 185 countries around the world. In quest in terms of performance, the company opts for operational restructuring.

The food company Nestlé plans to eliminate 16,000 positions around the world over the next two years. This measure, announced on Thursday 16 October by Philipp Navratil, the new CEO appointed in September 2025, is part of a program of restructuring aimed at reducing operational costs.

The new CEO has announced on Thursday, October 16, the elimination of 16,000 jobs around the world over two years and other measures, with the aim of saving 3% billion Swiss francs by 2027. These positions represent 6% of Nestlé workforce.

Of the thousands of jobs lost, 12,000 would be “office workers” for 1 billion Swiss francs in savings right from the end 2027. In addition, 4,000 employees linked to ongoing projects would be added. increased productivity in factories and chains of supply. For now, it has not been specified whether France was concerned.

This decision is a new setback in the attempt to Get Nestlé out of a long-lasting crisis, following the scandals that marred its reputation. First of all, in France, there were Buitoni pizzas contaminated in 2022 and more recently the water treatment fraud scandal Vittel and Perrier minerals. As a result, Nestlé shares were in free fall since 2022 and turnover fell by 1.9% over first nine months of the year.

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