Tag: Nestlé’s Plan to Cut 16
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Nestlé’s Plan to Cut 16,000 Jobs Globally Leaves Africa’s Fate Unclear
Food and beverage giant Nestlé plans to cut 16,000 jobs worldwide over the next two years as part of a restructuring program aimed at lowering operational costs, the company announced on Thursday, October 16. The move comes as the Vevey, Switzerland-based group struggles with weakening financial performance. New CEO Philipp Navratil, who took office in…
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