Food and beverage giant Nestlé has announced that it will cut 16,000 jobs worldwide over the next two years. These include 12,000 white-collar positions in management and office roles, and 4,000 additional roles within manufacturing, logistics, and supply chain departments.
The layoffs are part of a broader effort to streamline Nestlé’s workforce and focus investment on high-performing brands, and products with strong potential returns: coffee, confectionery, and premium goods.
