Cutting

New Summary: Nestlé has announced plans to cut 16,000 jobs over the next two years in order to reduce costs and accelerate its business turnaround. This represents about 6% of the company’s global workforce of 277,000 employees. The company has…

Upon entering the Land O’Frost facility in Lansing, Illinois, visitors are immediately struck by the bustling activity. Forklift trucks zip around, pallets are wrapped, and workers are busy packaging deli meats and hot dogs. With 128,000 pounds of meat being…