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Fortune

Nino Paoli

Nestlé is laying off over 16,000 employees under its new CEO—and says a key motivator is 'automation'

Nestlé Philipp Navratil Fortune

Logo of Swiss food giant Nestle on the facade of its headquarters ahead of the company's third-quarter results announcement, in Vevey, western Switzerland, on October 14, 2025. (Credit: FABRICE COFFRINI/AFP via Getty Images)

Nestlé will lay off 16,000 employees worldwide as recently-appointed CEO Philipp Navratil looks to turn around the world’s largest food company.

In a bid to cut costs, Nestlé will slash 12,000 white-collar jobs along with an additional 4,000 manufacturing and supply-chain positions, reducing 6% of its global workforce over the next two years, the company announced Thursday. Some white-collar roles will be automated as the firm targets “operational efficiency,” the company said in the statement.

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