Zurich, 16 Oct 2025

Nestle, the big food company from Switzerland, said it will remove 16,000 jobs around the world in the next two years. This news made Nestle's share price go up a lot. The company wants to save money and change faster.

Why Nestle is Cutting Jobs

Nestle's new boss, Philipp Navratil, said the world is changing and Nestle needs to change faster too. He said they have to make hard choices to cut jobs. The company wants to save 3 billion Swiss francs by the end of 2027. This is more than they planned before. Nestle owns many food brands like KitKat, Maggi, and Purina dog food.

How the Job Cuts Will Happen

Nestle will cut 12,000 office jobs in the next two years. This will save them 1 billion Swiss francs. They are also cutting 4,000 jobs in making and sending food. In total, they are removing about 6 out of every 100 jobs in the company. Nestle's sales went down a bit, but they sold more things in the last three months than people thought they would. Nestle, the Swiss food giant whose brands include Nespresso coffee and Perrier water, announced Thursday plans to cut 16,000 jobs worldwide over the next two years, sending its share price soaring. "The world is changing, and Nestle needs to change faster," chief executive Philipp Navratil, who took the reins of the multinational in…

The world is changing, and Nestle needs to change faster.

Nestle will share more details about these changes in the coming months. Follow The Rising News for more verified updates.

Updated 16 Oct 2025, 17:14 IST; source: link