The world’s biggest packaged food company, Nestle, is to cut 16,000 jobs in the next two years, it announced on Thursday.
The cuts around the world come as the company said it was “automating” its processes.
Losses will primarily be in white-collar, professional parts of the business, with 12,000 roles to go. Around 4,000 manufacturing and supply chain jobs are to be lost, Nestle said.
The company is behind brands such as Nescafe, Cheerios, KitKat, and Rolos.
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