Nestlé, the world’s largest food company, has announced plans to cut 16,000 jobs over the next two years in a major restructuring effort aimed at reducing costs and improving performance. The layoffs—representing nearly 6% of its 277,000 global workforce—will affect 12,000 white-collar positions across various departments and countries, as well as 4,000 manufacturing and supply chain roles.

CEO Philipp Navratil stated that the company must “change faster” to adapt to a shifting global landscape. The restructuring is expected to save CHF 1 billion annually by 2027, contributing to a broader CHF 3 billion savings target.

For the Canadian job market, this move reflects a growing global trend of large corporations streamlining operations amid economic uncertainty, rising input costs, and automation. Canadian professionals in multinational firms may feel increased pressure as head offices prioritize efficiency over headcount. The layoff announcement adds to broader concerns about job stability across white-collar sectors, especially in finance, tech, and consumer goods.

This restructuring signals that even historically stable employers are making significant changes to stay competitive in a rapidly evolving global economy.

Have you been laid off by Nestlé in Canada? Contact our employment lawyers today. Our legal team offers a free consultation and works on a contingency basis—there are no fees unless you win your case.

Dexter Tilo’s original article, “Nestlé to layoff 16,000 employees over next two years” was published in HRD on October 16, 2025. Read the Full HRD News story.

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