Nestlé reports 3.3% organic sales growth, plans 16,000 job cuts
NegativeFinancial Markets

Nestlé has announced a 3.3% organic sales growth, which might seem positive at first glance, but the company is also planning to cut 16,000 jobs. This move raises concerns about the impact on employees and the broader economy, as job cuts can lead to increased unemployment and reduced consumer spending. It's a stark reminder of the challenges companies face in balancing growth with workforce stability.
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