Nestlé has announced it will cut approximately 16,000 jobs globally over the next two years. The world's largest food and beverage company said the drastic move is part of a major automation and cost-optimisation strategy.
The restructuring will eliminate around 12,000 white-collar roles and 4,000 manufacturing positions, representing nearly 6% of its global workforce.
“The world is changing, and Nestlé needs to change faster. This will include making hard but necessary decisions to reduce headcount,” said Philipp Navratil, Nestlé’s Chief Executive Officer.
The automation drive is expected to streamline processes and redirect resources toward digital commerce and health-focused product lines. While specific regions were not named, analysts predict administrative roles in Europe and North America will be most affected.
The news follows a trend of major corporations, including Microsoft and Google, restructuring to adopt leaner, AI-driven models.
Despite the job cuts, Nestlé reported a 4.3% increase in organic sales in its last quarter. Investors reacted positively to the announcement, with Nestlé’s stock surging 7.6%.
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