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Nestlé Overhauls Structure to Four Core Businesses, Plans 16,000 Job Cuts

Lower profit prompted the shake-up, with savings earmarked to finance heavier investment in marketing, boosting innovation.

Overview

  • The company will reorganize around Coffee, Pet Food, Nutrition & Health, and Food & Snacks, moving away from a primarily regional setup.
  • Nestlé will combine its Nutrition and Health Science operations into a single integrated unit.
  • About 16,000 roles will be cut over the next two years to target roughly CHF 1 billion in annual savings by end-2027, with 20% of that goal already delivered.
  • For the past year, net profit fell 17% to CHF 9.0 billion as organic sales grew 3.5% on pricing, and the board proposed a dividend of CHF 3.10 per share, up 1.6%.
  • For 2026, Nestlé guides to roughly 3%–4% organic growth and expects adjusted operating margin to improve versus 2025, and it nominated Fama Francisco and Thomas Jordan for election to the board on April 16.