Philipp Navratil plans to cut 16K jobs, around 6% of company's global workforce
(Newser) -
Nestle is set to cut 16,000 jobs as part of a sweeping restructuring plan under its new CEO, Philipp Navratil, who aims to revive the company's fortunes amid slowing sales and ongoing scandals. The layoffs, which represent about 6% of Nestle's global workforce, will mostly impact white-collar...