Nestle lowered its sales expectations for the second time this year as the food giant offers greater discounts to lure back shoppers deterred by rising prices in recent years. The Switzerland-based ...

Nestle, whose shares leapt by around 8% in early trading, has experienced an unprecedented period of managerial turmoil, with ...

Nestlé's new CEO Philipp Navratil has started with a bang, announcing 16,000 job cuts and a portfolio review that could see ...

The reductions, which would amount to about 6 per cent of the workforce, will be made over the next two years, the maker of ...

(Reuters) -Nestle's new chairman Pablo Isla, who helped to turn Zara owner Inditex into a world-leading fast-fashion retailer, can use his expertise in logistics, e-commerce, and consumer trends to ...

Nestlé to axe 16,000 jobs as new CEO Philipp Navratil drives turnaround, targeting ₹34,000 crore in cost savings and faster ...

The packaged food company reported better-than-expected sales growth thanks to pricing-led upticks in coffee and ...

Nestle said it will reduce its global workforce by 16,000, including 12,000 white-collar roles and 4,000 positions in ...

Nestle will cut 16,000 jobs, new CEO Philipp Navratil said on Thursday, as the world's largest packaged food company seeks to ...

Nestle posted higher sales that slightly beat analysts' expectations as the world's largest food maker managed to pass on double-digit price increases for its coffee and chocolate products in some ...

Net profit fell 23.63% YoY to ₹753.20 crore on the back of revenue that increased 10.57% YoY to ₹5,643.61 crore.| Business ...

Roughly 12,000 of the roles affected will be white-collar jobs, while the firm's manufacturing and supply operations will ...