Nestlé has announced plans to eliminate 16,000 jobs globally over the next two years as its new Chief Executive Officer, Philipp Navratil, moves to streamline operations and focus on higher-return products. The Swiss food and beverage giant said the cuts are part of a broader effort to accelerate growth and strengthen efficiency amid increasing competition….
Nestlé has dismissed its chief executive, Laurent Freixe, after he failed to disclose a romantic relationship with a direct subordinate, the Swiss food and beverage giant confirmed on Monday. The company, known for products such as Kit Kat and Nespresso, said the decision took “immediate effect” following an internal probe overseen by chair Paul Bulcke…
Nestlé USA has issued a recall for more than 440,000 metallic Starbucks-branded holiday mugs due to potential risks of overheating or breakage when exposed to microwaving or hot liquids, posing burn and cut hazards. According to the US Consumer Product Safety Commission, there have been 12 reported incidents of the mugs overheating or breaking, resulting…
