Reported 14 days ago
Nestlé has announced plans to cut approximately 12,000 white-collar jobs globally as part of a cost-saving initiative. The company stated that the layoffs will affect various functions and locations, with the U.S. accounting for about 15% of its workforce. This move highlights a broader trend of companies reducing their white-collar staff, with concerns about economic conditions and the impact of AI driving these decisions.
Source: YAHOO