Skip to content

Nestlé announces layoffs in cost-cutting drive

The Swiss food and beverage giant will cut nearly 6% of its global workforce over the next two years in a major efficiency drive to counter soaring commodity prices and costs

Nestlé’s headquarters in Vevey, Switzerland | Photo credit: Nestlé

The Swiss food and beverage giant will cut nearly 6% of its global workforce over the next two years in a major efficiency drive to counter soaring commodity prices

Nestlé has announced job cuts following a second consecutive quarter of revenue decline and sustained cost pressures. 

Unlock Allegra intelligence for just £1

£1 for 4 weeks
Then £29 per month. Cancel anytime.
What you get:
Daily Coffee 24/7 briefing in your inbox
Weekly Coffee Dose intelligence newsletters
Unrestricted WorldCoffeePortal.com access
5THWAVE Digital Magazine (6 issues/year)
Allegra analyst forecasts & market insights
Subscribe for just £1

Already have an account? Sign In

Join 650,000+ coffee professionals worldwide.

Latest