Nestlé to Cut 16,000 Jobs as New CEO Philipp Navratil Pushes Aggressive Overhaul

Nestlé SA plans to cut 16,000 jobs worldwide, about 6% of its workforce, as new Chief Executive Officer Philipp Navratil moves swiftly to reshape the Swiss food giant and restore investor confidence after a turbulent leadership transition, according to a report by BloombergThe la

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