SINGAPORE – Nestle’s plans to cut 16,000 jobs will affect markets and functions globally over the next two years. Responding to queries from The Straits Times, a Nestle spokesperson said on Oct 17 ...

Nestle will cut 16,000 jobs as the world's largest packaged food company seeks to cut costs and win back investor confidence. The jobs being cut represent 5.8% of Nestlé's around 277,000 employees.

A glimpse into how the world's largest food company is using AI to optimize its forecasts, recipes, and sustainability efforts. The global food and beverage industry is undergoing significant ...

In today’s hospitality world, guests expect far more than just a comfortable bed or seamless check-in. They seek memorable experiences, thoughtful details, and a sense of connection to brands they ...

Nestle SA has appointed Morgan Stanley for a strategic review of its vitamin business, according to people familiar with the matter, as the world’s largest food company looks to revive growth. The ...

Isla's digital expertise to drive Nestle's transformation Nestle shares underperform rivals, lose 33% over three years Isla could mentor new CEO Navratil, foster rapid change His jump from dresses and ...

A veteran of almost half a century at the KitKat and Nespresso maker, Bulcke was under intense scrutiny over the upheaval and removal of Freixe, who he had described as a ‘perfect fit’ to be CEO on ...

Nestlé, one of the world’s largest food and beverage companies, announced a major leadership change this week after its CEO, Laurent Freixe, was removed from his position following an internal ...

Four years after Nestlé spent more than $5bn to acquire a clutch of vitamins and supplements brands, some of the assets look set for disposal. Nestlé said today (24 July) that it is launching a ...

Nestlé USA has announced a voluntary recall of a limited number of Lean Cuisine and Stouffer's frozen meals because they could contain wood-like material. Related video above: What to do if you have ...

Despite delivering better-than-expected results on some fronts, Nestlé has seen a decline on several key metrics in its Q4 and full year results today. Organic sales grew 2.2%, above the 2% the ...

Nestlé has reiterated in a post-results call that it is not planning to sell off its water business but is seeking partners to work with. Confirming its previously-stated position, the S. Pellegrino ...