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Global consumer goods leader Nestlé announced it will cut 16,000 positions during the upcoming biennium, as its new CEO the company's fresh leader pushes a plan to focus on products offering the “highest potential returns”.

The Swiss company must “adapt more quickly” to stay aligned with a evolving marketplace and implement a “results-oriented culture” that does not accept declining competitive position, the executive stated.

He took over from ex-chief executive the previous leader, who was let go in last fall.

The job cuts were made public on Thursday as Nestlé shared better sales figures for the first nine months of 2025, with increased sales across its major categories, such as coffee and sweets.

The world's largest consumer packaged goods corporation, this industry leader owns numerous labels, including well-known names in coffee and snacks.

Nestlé intends to get rid of twelve thousand white collar positions on top of four thousand additional positions throughout the organization during the next biennium, it said in a statement.

The workforce reduction will result in savings of the consumer goods leader around CHF 1 billion each year as a component of an continuous efficiency drive, it confirmed.

The company's stock value was up by more than seven percent soon after its quarterly update and job cuts were revealed.

Mr Navratil said: “We are cultivating a corporate environment that adopts a performance mindset, that refuses to tolerate competitive setbacks, and where winning is rewarded... The marketplace is evolving, and we must adapt more rapidly.”

The restructuring would encompass “difficult yet essential decisions to reduce headcount,” he said.

Financial expert an industry specialist stated the report signalled that Nestlé's leader aims to “increase openness to aspects that were formerly less clear in its expense reduction initiatives.”

The workforce reductions, she explained, are likely an effort to “recalibrate projections and rebuild investor confidence through measurable actions.”

His forerunner was dismissed by Nestlé in the beginning of the ninth month following a probe into reports from staff that he did not disclose a personal involvement with a immediate staff member.

Its departing chairman the ex-chairman accelerated his exit timeline and stepped down in the same month.

Media stated at the period that stakeholders held accountable Mr Bulcke for the company's ongoing problems.

The previous year, an inquiry discovered infant nutrition items from the company available in developing nations contained unhealthily high levels of added sugars.

The study, conducted by non-profit organizations, established that in many cases, the same products sold in affluent markets had no added sugar.

• The corporation manages hundreds of brands globally.
• Workforce reductions will impact 16,000 employees over the next two years.
• Expense cuts are projected to reach one billion Swiss francs annually.
• Equity rose seven and a half percent after the update.