Nestle to cut 16,000 jobs worldwide

16.10.2025
Food and beverage giant Nestlé have announced that it will cut 16,000 jobs worldwide over the next two years.
These include 12,000 white-collar positions in management and office roles, and 4,000 additional roles within manufacturing, logistics, and supply chain departments.
The layoffs are part of a broader effort to streamline Nestlé’s workforce and focus investment on high-performing brands, and products with strong potential returns: coffee, confectionery, and premium goods.
The next step is to finish strategic portfolio reviews of its water and premium beverage businesses and its vitamins and supplements brands.
Nestlé’s restructuring aims to improve profitability and efficiency amid mounting pressures. The firm’s share price has fallen by about 35% since 2022. Sales growth also increased by only 2.2% in 2024 — its weakest number in years — although this notched up to 3.3% in the first nine months of this year. Reported net sales, affected by exchange rates, came to CHF 65.9 billion (€70.96bn) in the first nine months of 2025, a year-on-year decrease of 1.9%.
Meanwhile, rising external costs and trade barriers continue to squeeze margins, such as the US’ recent 39% import tariff on Swiss goods.
Still, the company expects the job cuts to generate annual savings of approximately 1 bn Swiss francs and contribute to an increased total cost-savings target of 3bn Swiss francs by the end of 2027.
“Management have grand ambitions to bring Nestle back to where it has historically been, but for now the company is a work in progress,” explained Chris Beckett, consumer staples analyst at Quilter Cheviot. Agency reports