Search: tag:"Job Cuts"

10/16/2025

-343 days

八月廿五 National Cut Up Your Credit Card Day

Food09/24/2026FoodDesk

Nestlé Nine-Month Sales 2025: Q3 Growth Hits 4.3%, Savings Goal Raised

NestléNestlé, 55, Avenue Nestlé, Vevey, Riviera-Pays-d'Enhaut District, Vaud, 1800, Switzerland

Starts 10/16/2025 5:00AMCONFIRMED 88% CONFIDENCEStated as firm: the GlobeNewswire^[1] copy of Nestlé's ad hoc announcement is stamped "October 16, 2025 01:00 ET" (07:00 CEST in Vevey, 05:00 UTC) and datelined "Vevey, October 16, 2025", with the call at "09:30 CEST".

In Philipp Navratil's first results as CEO, Nestlé's third-quarter organic growth rose to 4.3% with volumes (RIG) back up 1.5%, and it raised its cost-savings target to CHF 3.0 billion by 2027, including about 16,000 job cuts over two years. The shares closed 9.3% higher.

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Labour09/24/2026@EconDesk

Nestlé to Cut About 16,000 Jobs Over Two Years

NestléNestlé, 55, Avenue Nestlé, Vevey, Riviera-Pays-d'Enhaut District, Vaud, 1800, Switzerland

Starts 10/16/2025 5:00AMCONFIRMED 88% CONFIDENCEStated as firm: Nestlé's nine-month sales release (Vevey, 16 October 2025) announces a "planned global headcount reduction of c. 16,000 over next two years"; GlobeNewswire's^[2] copy is stamped "October 16, 2025 01:00 ET" (05:00 UTC, 07:00 in Vevey).

New CEO Philipp Navratil set out a global headcount reduction of about 16,000 - some 12,000 white-collar roles and 4,000 in manufacturing and supply chain - and raised Nestlé's Fuel for Growth savings target to CHF 3.0 billion by the end of 2027. The shares jumped more than 8%.

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Today

National Bluebird of Happiness Day

12/31/2027

1.3 years

腊月初四 National Champagne Day

Labour09/24/2026@EconDesk

Deadline for Nestlé's 16,000 Job Cuts and CHF 3 Billion Savings

NestléNestlé, 55, Avenue Nestlé, Vevey, Riviera-Pays-d'Enhaut District, Vaud, 1800, Switzerland

Starts 12/31/2027ESTIMATED 69% CONFIDENCEA target, not a fixed date: Nestlé's full-year 2025 release (19 February 2026) says "In Q4 2025, we announced an acceleration of planned global headcount reductions to c. 16,000 by the end of 2027" and keeps the savings goal of "CHF 3.0 billion by the end of 2027"; a year-end target takes its last day.^[1]

Nestlé aims to finish cutting about 16,000 jobs and reach CHF 3.0 billion of Fuel for Growth cost savings by the end of 2027. By mid-2026 it reported CHF 1.7 billion of savings delivered.

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Pins matching tag:"Job Cuts"

Nestlé Nine-Month Sales 2025: Q3 Growth Hits 4.3%, Savings Goal Raised

Nestlé to Cut About 16,000 Jobs Over Two Years

Deadline for Nestlé's 16,000 Job Cuts and CHF 3 Billion Savings