Nestle to axe 16,000 jobs as new boss pushes to cut costs

Business

Nestle To Axe 16,000 Jobs As New Boss Pushes To Cut Costs

By BBC

Food and beverage giant Nestle said it will cut 16,000 jobs over the next two years, as its new CEO Philipp Navratil pushes to focus on products with the "highest potential returns". The Swiss company must "change faster" to keep pace with a changing ...Read more