Nestle said it would pump more investment into advertising and marketing and review options for its water business as part of Chief Executive Laurent Freixe’s plan to revive sales growth at the Swiss ...

The company’s new chief executive, Philipp Navratil, announced the reductions as part of a plan to turn around the world’s largest food company. By Melissa Eddy Melissa Eddy covers the European ...

Nestlé is cutting 16,000 jobs globally as the Swiss food giant cuts costs as part of its efforts to revive its financial performance. Nestlé, which makes Nescafé, KitKats, pet foods and many other ...

PARIS (Reuters) - Nestle <NESN.S> has agreed to another round of job cuts in France, losing as many as 400 positions, as the Swiss food group seeks to cut costs and streamline its business. The maker ...

Bengaluru-based pet food company Drools has joined India’s unicorn club after Swiss consumer goods behemoth Nestlé acquired a minority stake, pushing its valuation to $1 billion. The strategic ...

Global food giant Nestlé said Thursday that it would shed about 16,000 jobs over the next two years, accelerating a cost-cutting program six weeks after the company fired its chief executive. Philipp ...