Photo: investing.com
Nestlé Slashes 16,000 Jobs, Targets CHF 3 Billion Savings Amid Slowing Sales
Nestlé announced a global reduction of 16,000 jobs and a new CHF 3 billion savings target following a 1.9% decline in total sales, highlighting challenges in the foreign exchange market.
- Nestlé reported total sales of CHF 65.9 billion for the first nine months of 2025, down from CHF 67.1 billion a year earlier due to a 5.4% negative impact from the foreign exchange market.
- The companys organic growth increased by 3.3%, driven by 0.6% real internal growth and 2.8% pricing, as demand for organic food continues to evolve.
- As part of its restructuring, Nestlé aims to achieve CHF 3 billion in savings by 2027, which will involve cutting approximately 16,000 jobs globally.
Por Qué Es Relevante
This significant job reduction at Nestlé reflects broader economic pressures affecting multinational corporations, particularly in the context of fluctuating currency values in the foreign exchange market and changing consumer preferences towards organic food.