Nestlé to axe 16,000 jobs as new chief targets sales growth
by Mark Sweney from World news | The Guardian on (#70SR1)
Almost 6% of global workforce will be cut over next two years, including 12,000 white-collar professionals
Nestle has said it will cut 16,000 jobs over the next two years as the owner of KitKat and Nescafe attempts to reduce costs and boost sales.
The Swiss-headquartered multinational said the cuts would include 12,000 white-collar professionals and 4,000 in its manufacturing and supply chain, close to 6% of Nestle's global workforce.
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