‘The world is changing, and Nestlé needs to change faster,’ the new company CEO said.
Andrew MoranThe Epoch TimesNestlé, the world’s largest food company, is cutting 16,000 jobs worldwide over the next two years as part of cost-cutting efforts, the company announced on Oct. 16.The job cuts will affect 6 percent of its global workforce. About 12,000 white-collar jobs and another 4,000 positions in manufacturing and the supply chain will be impacted.New CEO Philipp Navratil said the layoffs are a part of the company’s efforts to target “operational efficiency” by “leveraging shared services and automating our processes, to drive positive business transformation.”“The world is changing, and Nestlé needs to change faster,” Navratil said in a statemen
