Nestle to axe 16,000 jobs as new CEO targets sales growth | REUTERS

Nestle reported better-than-expected sales growth driven by coffee and confectionery price hikes, as new CEO Philipp Navratil announced major job cuts to address rising costs and investor pressure. #News #Reuters #Newsfeed #nestle #packagedfood Read the story here: https://reut.rs/47rreZk 👉 Subscribe: http://smarturl.it/reuterssubscribe Keep up with the latest news from around the world: https://www.reuters.com/ Follow Reuters on Facebook: https://www.facebook.com/Reuters Follow Reuters on Twitter: https://twitter.com/Reuters Follow Reuters on Instagram: https://www.instagram.com/reuters/?hl=en