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Why is Nestlé making 16,000 job cuts and what has been the reaction?
By Dominic Bernard2025-10-23T16:42:00
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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