The plan, which was unveiled yesterday in Zurich, calls for 12,000 redundancies in various sectors and geographic areas and another 4,000 related to initiatives already underway to improve productivity in production and the supply chain.
The announcement came alongside the results for the first nine months of 2025, which show sales down 1.9 per cent to CHF 65.9 billion (around EUR 71 billion). However, in the third quarter the group, which produces brands such as Kit Kat and Nescafé, reported a 4.3% increase in sales, above expectations, thanks to organic growth of 3.3% and a 2.8% price increase.
This is not surprising given the problems of Nestlé and the big markets in general.
