New York Times CENTER-LEFT (-1.0) Reliability: 8.0/10

Nestlé to Slash 16,000 Jobs in Cost-Cutting Push

✍️ Melissa Eddy 📅 October 16, 2025 12:00 AM 🕐 Scraped: October 16, 2025

Summary: The company’s new chief executive, Philipp Navratil, announced the reductions as part of a plan to turn around the world’s largest food company.

The global food giant Nestlé said Thursday that it would shed about 16,000 jobs over the next two years, accelerating a cost-cutting

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📝 Article Information

Author

Melissa Eddy

Original Publisher

🌍 New York Times

CENTER-LEFT Bias (-1.0)

Published Date

October 16, 2025 at 12:00 AM

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