US Tariff Retreat Signals Strategic Shift as China’s Economic Resilience Prevails
Trade Policy Reversal Marks Critical Turning Point The Trump administration’s decision to grant tariff exemptions to dozens of major American…
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Nestlé Announces Major Workforce Reduction of 16,000 Jobs Amid Restructuring
The world’s largest packaged food company is eliminating 16,000 positions globally as part of an accelerated restructuring plan. Nestlé reportedly aims to save 3 billion Swiss francs by 2027 while navigating challenging market conditions.
Major Workforce Restructuring at Global Food Giant
Nestlé, the world’s largest packaged food company, will cut approximately 16,000 jobs worldwide according to recent reports. The reduction represents about 5.8% of the company’s global workforce of around 277,000 employees, sources indicate.