Nestle | Layoff Event

Layoff Details

Reason

Nestlé announced a global workforce reduction of 16,000 employees over two years, effective from October 16, 2025, as part of a strategic initiative to enhance operational efficiency, reduce costs, and improve productivity. This restructuring, led by new CEO Philipp Navratil, aims to achieve 3 billion Swiss francs in cost savings by the end of 2027. The decision is driven by a need to adapt to a changing global market, address rising costs, inflation, supply chain disruptions, and increased competition in the packaged goods sector, with a focus on leveraging automation, including AI. Navratil emphasized the necessity of 'hard but necessary decisions to reduce headcount' to accelerate growth momentum and secure Nestlé's future as an industry leader.

Affected Locations

GloballyMultiple regions (specific locations not disclosed)

Affected Departments

White-collar positionsManufacturingSupply chainAdministrative roles

Sources (1)

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