'Gutless betrayal': Nestle condemned over plan to cut 16,000 jobs

Nestle, the world's largest packaged food company, has announced plans to cut 16,000 jobs over the next two years, a move that has drawn significant criticism and labeled as a 'gutless betrayal' by many. This decision is concerning not only for the employees affected but also for the broader food industry, as it raises questions about job security and the company's commitment to its workforce. The layoffs could have a ripple effect on local economies and communities, highlighting the challenges faced by large corporations in balancing profitability with social responsibility.