Nestlé Job Cuts 2025

Nestlé, the Swiss food and beverage giant behind brands such as Nespresso, Kit Kat, Perrier, and Purina, announced on October 16, 2025, that it will cut 16,000 jobs globally over the next two years.

The move comes under new CEO Philipp Navratil, who took over in early September, as part of the company’s efforts to accelerate transformation and streamline operations amid changing market conditions.

Details of the Job Cuts

Of the 16,000 roles being eliminated, 12,000 are white-collar positions, expected to save one billion Swiss francs—double the company’s previous cost-saving plan. The remaining 4,000 jobs are in production and supply chain operations.

Overall, Nestlé has raised its cost-saving target to three billion Swiss francs by the end of 2027, up from the prior goal of 2.5 billion. Navratil described the layoffs as “hard but necessary decisions” to adapt to a rapidly evolving market.

Financial Performance Amid Restructuring

Nestlé’s nine-month financial results reveal a 1.9% drop in sales to 65.9 billion Swiss francs ($83 billion). Organic sales growth for the period stood at 3.3%, mainly due to price increases of 2.8%, reflecting both economic pressures and the company’s ongoing restructuring efforts.

The company’s portfolio includes over 2,000 brands, and its growth strategy under Navratil emphasizes high-margin segments and expansion in emerging markets, alongside cost reductions.

Challenges and Leadership Transition

Philipp Navratil inherited Nestlé during a period of turbulence. The previous CEO was dismissed in September over an office relationship, and the chairman departed unexpectedly.

Additionally, Nestlé continues to manage the aftermath of a bottled water scandal in France that began in 2024, increasing pressure on the new leadership to stabilize operations and restore investor confidence.

Despite these hurdles, analysts are optimistic that Navratil can guide Nestlé through this period of transformation, ensuring long-term growth and profitability.