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'Gutless betrayal': Nestle condemned over plan to cut 16,000 jobs
The world's biggest packaged food company, Nestle, is to cut 16,000 jobs in the next two years, it announced on Thursday.
The cuts around the world come as the company said it was "automating" its processes and increasing focus on "operational efficiency". Losses will primarily be in white-collar, professional parts of the business, with 12,000 roles to go.
Around 4,000 manufacturing and supply chain jobs are to be lost, Nestle said. Money blog: New ready meals costing up to £30 launched There will be a consultation on the roles to be axed "where applicable.
Amir Nisi
Creative and experienced content writer with 6+ years of experience lazy to create unique content strategy for News5 to turn website visitors into customers.
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