By Ana Nicolaci da Costa, CNN London (CNN) — Nestlé will cut around 16,000 jobs worldwide over the next two years as it works to slash costs, including through automation, the world’s largest food company said Thursday.
Nestlé is cutting 16,000 globally as the Swiss food giant looks to trim costs and continue with its turnaround efforts. Nestlé, which makes Nescafé drinks, Purina pet food and other products, said Thursday that the job cuts will take place over the next two years.
Nestle, the Swiss food giant whose brands include Nespresso coffee and Perrier water, announced Thursday plans to cut 16,000 jobs worldwide over the next
Nestle will cut 16,000 jobs, new CEO Philipp Navratil said Thursday, as the world's largest packaged food company seeks to cut costs and win back investor confidence.
Nestle, the Swiss food giant whose brands include Nespresso coffee and Perrier water, will eliminate 16,000 jobs worldwide over the next two years, its
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World's largest food company is cutting 16K jobs due partly to automation | Since Then
