Jars of Nescafe Gold coffee seen in the supermarket of Nestle headquarters in Vevey, Switzerland, on Feb. 13, 2020. Pierre Albouy/Reuters
Nestlé, the world’s largest food company, is cutting 16,000 jobs worldwide over the next two years as part of cost-cutting efforts, the company announced on Oct. 16.
The job cuts will affect 6 percent of its global workforce. About 12,000 white-collar jobs and another 4,000 positions in manufacturing and the supply chain will be impacted.
