Shares of Nestle surged 9.3% as the firm’s new CEO Philipp Navratil looks to accelerate a turnaround.
https://www.cnbc.com/2025/10/16/nestle-3q-earnings-announces-16000-job-cuts.html
Posted by le_wein
Shares of Nestle surged 9.3% as the firm’s new CEO Philipp Navratil looks to accelerate a turnaround.
https://www.cnbc.com/2025/10/16/nestle-3q-earnings-announces-16000-job-cuts.html
Posted by le_wein
3 Comments
It was easy to predict this. This whole thing is horrible for the normal people and excellent for the rich. New holiday homes and yachts are on the christmas menu
*To be fast, we need to get lean. To get lean, we need to dispose of the fat.* -Nestle CEO, probably.
It’s increased because they’ve cut 16k salaries