Swiss Food Giant Nestlé Announces Plans to Cut 16,000 Jobs

Teona Gherasim

Food giant Nestlé announced plans to slash 16,000 jobs, just weeks after replacing its chief executive officer. The job reductions, amounting to about 6% of the workforce, will occur over the next two years, the maker of Nespresso coffee capsules and KitKat candy bars said Thursday. Bloomberg's Fabienne Kinzelmann reports. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://

Swiss Food Giant Nestlé Announces Plans to Cut 16,000 Jobs Bloomberg Markets and Finance - 16.10.2025 11:22
Swiss Food Giant Nestlé Announces Plans to Cut 16,000 Jobs Bloomberg Markets and Finance - 16.10.2025 11:22

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Swiss Food Giant Nestlé Announces Plans to Cut 16,000 Jobs Bloomberg Markets and Finance - 16.10.2025 11:22
Swiss Food Giant Nestlé Announces Plans to Cut 16,000 Jobs Bloomberg Markets and Finance - 16.10.2025 11:22