Nestle's new CEO Philipp Navratil has started with a bang, announcing 16,000 job cuts and a portfolio review that could see ...

The company’s new chief executive, Philipp Navratil, announced the reductions as part of a plan to turn around the world’s ...

Nestle's new CEO Philipp Navratil has started with a bang, announcing 16,000 job cuts and a portfolio review that could see brands sold or partnered off as the world's largest packaged food company ...

Nestle, whose shares leapt by around 8% in early trading, has experienced an unprecedented period of managerial turmoil, with ...

Nestlé is cutting 16,000 globally as the Swiss food giant looks to trim costs and continue with its turnaround efforts.