Nestlé has issued a global recall in nearly 50 countries after SMA, BEBA, and NAN infant formulas were possibly contaminated with a toxin that can cause severe nausea and vomiting. The recall began in ...

Nestle has issued a global recall of its SMA baby formula and follow-on formula over potential contamination with cereulide bacteria, which can cause persistent vomiting and diarrhea. The food giant – ...

An office romance at Nestlé NESN-0.07%decrease; red down pointing triangle cost the chief executive his job. Now it’s giving way to an overhaul at the food-and-drink maker under new boss Philipp ...

The world’s largest packaged food company, Nestlé, has just announced plans to slash a jaw-dropping 16,000 jobs in the near future. New Nestlé CEO Philipp Navratil wasted no time making big changes ...

(AP) – Nestlé is cutting 16,000 jobs globally as the Swiss food giant cuts costs as part of its efforts to revive its financial performance. Nestlé, which makes Nescafé drinks, Purina pet food and ...

Nestle, the Swiss food giant whose brands include Toll House cookies, Nespresso coffee, Gerber baby products and Perrier water, will eliminate 16,000 jobs worldwide over the next two years, its new ...

Shares of Nestle surged 9.3% as the firm's new CEO Philipp Navratil looks to accelerate a turnaround. The stock price jump boosted Europe's food and beverage sector, with the sector closing 4.2% on ...

AMSTERDAM (Reuters) -Nestle will cut 16,000 jobs, new CEO Philipp Navratil said on Thursday, as the world's largest packaged food company seeks to cut costs and win back investor confidence. The jobs ...

The company’s new chief executive, Philipp Navratil, announced the reductions as part of a plan to turn around the world’s largest food company. By Melissa Eddy Melissa Eddy covers the European ...

Nestlé has withdrawn from the Dairy Methane Action Alliance, an initiative formed with other global food giants at the COP28 summit in 2023. A specific reason for quitting the group, launched with ...

Less than two years ago, a group of the world’s biggest food companies, including Nestle, Danone and Kraft Heinz, announced a major alliance to cut methane emissions from their hundreds of thousands ...

Nestlé chair Paul Bulcke is under pressure to resign after the Swiss food giant abruptly fired chief executive Laurent Freixe over a romantic relationship with a subordinate — the second CEO forced ...