Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Independent UK
The Independent UK
Business
Anna Wise

Nestle to cut 16,000 jobs around world in huge cost-cutting drive

Nestle makes household food brands such as KitKat, Nescafe, and Cheerios - (AFP/Getty)

Nestle has announced plans to cut approximately 16,000 jobs globally over the next two years, as the consumer goods giant turns to automation to reduce costs.

The company’s boss stated it needed to "change faster" and secure its future "as a leader in our industry."

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.