Why are investors so excited about Nestlé’s shake-up?

Nestle Coffee Factory

The cuts will come alongside an accelerated plan to power growth by slimming down Nestlé to its best-performing brands

Nestlé’s new CEO Philipp Navratil has said he will clean house. Brought to power in the wake of his predecessor Laurent Freixe’s dismissal over an affair with a subordinate, Navratil has promised sweeping changes at the steady Swiss staple – and 16,000 job cuts.

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