SINGAPORE – Nestle’s plans to cut 16,000 jobs will affect markets and functions globally over the next two years. Responding to queries from The Straits Times, a Nestle spokesperson said on Oct 17 ...

Nestle’s new CEO, Philipp Navratil, announced on Thursday that around 16,000 employees will lose their jobs, 6 per cent of the total workforce, in the next two years. The announcement came during ...

The jobs report, which usually comes out on the first Friday of every month, will not be released today. Two private surveys that came out this week show *** wide range of numbers. The payroll ...

Nestle's shares experienced a dip following the unexpected early departure of Chairman Paul Bulcke, adding to recent leadership turmoil. This exit, months ahead of schedule, follows the dismissal of ...

A veteran of almost half a century at the KitKat and Nespresso maker, Bulcke was under intense scrutiny over the upheaval and removal of Freixe, who he had described as a ‘perfect fit’ to be CEO on ...

Nestle on Tuesday announced that its longtime chairman, Paul Bulcke, had decided to step down, just weeks after the Swiss food giant suddenly fired its chief executive over an office relationship.

Nestlé, one of the world’s largest food and beverage companies, announced a major leadership change this week after its CEO, Laurent Freixe, was removed from his position following an internal ...

Nestlé has fired CEO Laurent Freixe because he had a romantic relationship with a direct subordinate, the company announced Monday. Freixe will be replaced by Philipp Navratil, who has worked at the ...

Swiss food giant Nestlé said Monday it dismissed its CEO, Laurent Freixe, due to an inappropriate relationship with a subordinate. The maker of Nescafé drinks and Purina pet food said in a statement ...

Sept. 1 (UPI) --Nestle, the world's largest food and beverage company, on Monday fired CEO Laurent Freixe after disclosing a romantic relationship with a subordinate one year after he took over the ...

The Paris offices of food and beverage giant, Nestlé, have been searched by French Authorities this week, as part of an investigation into Nestlé Waters. The investigation follows allegations by ...

SAO PAULO, June 18 (Reuters) - Swiss food giant Nestle (NESN.S), opens new tab said on Wednesday that it will invest 7 billion reais ($1.27 billion) in Brazil between 2025 and 2028, up from 6.3 ...