Nestlé CEO sends workers harsh warning
NegativeFinancial Markets

Nestlé's new CEO, Philipp Navratil, has made a significant impact in a short time by announcing the layoff of 16,000 employees, following the controversial firing of former CEO Laurent Freixe. This move reflects the company's need to streamline operations and adapt to market challenges, but it raises concerns about job security and the company's future direction. The decision underscores the tough choices leaders must make in a competitive landscape.
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