Nestle Aims to Reduce Workforce by 16,000 as Part of Cost-Cutting Strategy
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 16 2025
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Source: WSJ
Headcount Reduction: Nestle plans to cut 16,000 jobs as part of its strategy to enhance cost savings under new CEO Philipp Navratil.
Increased Cost-Savings Target: The company has raised its cost-savings goal to 3.0 billion Swiss francs ($3.77 billion) by 2027, up from the previous target of 2.5 billion francs.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
