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Nestle to slash 16,000 workers
Daily Record
|October 17, 2025
WORKERS FACING PERMANENT BREAK
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THE new boss of Kit-Kat maker Nestle has announced plans to axe 16,000 workers globally.
Chief executive Philipp Navratil said it was ramping-up automation to help reduce costs.
Navratil replaced former CEO Laurent Freixe, who was dismissed last month after an investigation into an undisclosed romantic relationship with a subordinate employee.
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