Nestlé is embarking on a significant restructuring plan that involves the elimination of 16,000 jobs over the next two years. This decision targets both management and operational roles, reflecting a strategic shift towards high-performing brands such as coffee and confectionery.
The company aims to streamline operations and invest more heavily in these profitable sectors. Under the leadership of new CEO Philipp Navratil, Nestlé seeks to adapt to evolving consumer preferences while enhancing efficiency.
The layoffs are projected to yield substantial savings, contributing to an overall goal of 3 billion Swiss francs by 2027. Despite the challenges, the company's net sales growth of 1.9% in early 2025 indicates a promising trajectory, particularly for premium products.
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