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CEOs are getting ruthless about worker performanceCorporate leaders are increasingly prioritizing results over employee comfort, with CEOs like Unilever's Fernando Fernandez demanding "volu...
Nestle infant formula recall widens to Africa, the Americas and AsiaNestle's infant formula recall has expanded globally to Africa, the Americas, and Asia, including Brazil, China, and South Africa, due to p...
Nestle India appoints former Pernod Ricard HR head Nitu Bhushan as its new HR chiefNestle India is bringing in Nitu Bhushan as its new Head of Human Resources. She joins from Pernod Ricard. The company also announced other...
As wellness trends go upscale, Nestle's mass-market vitamins lose some shineNestle is looking to exit its mass-market vitamin business. However, consumers are increasingly preferring expensive, science-backed supple...
Nestlé layoffs 2025: 16,000 jobs to be cut, including 12,000 white-collar roles — Here're the departments impactedNestle layoffs 2025: Food and beverage giant Nestlé is cutting 16,000 jobs globally over two years to boost efficiency and profitability. T...
European stocks inch up after mixed earningsToday, European stocks experienced a modest uptick as investors sift through a mixed bag of corporate earnings. This rebound follows recent...
Nestle to axe 16,000 jobs as new CEO targets sales growthNestle's third-quarter sales surpassed expectations, driven by price increases in coffee and confectionery. This marks the first results un...
Nightmare at Nestlé: The world's biggest food company faces a reckoningNestlé, the global food giant, is undergoing significant changes. New CEO Philipp Navratil is tasked with reviving the company's performanc...
Nestle investors seek more rapid change after chairman's early exitNestle's chairman Paul Bulcke's early exit, coupled with a recent CEO change, signals a potential shake-up as investors push for faster gro...
Scandal explodes: Fired Nestlé CEO’s mistress claims he cheated with another woman in Swiss hotel, says reportFormer Nestlé CEO Laurent Freixe was removed after a big scandal that involved secret relationships inside the company. Reports say the iss...
Nestle CEO shake-up overshadows broader malaiseNestle faces pressure to streamline operations after a leadership shakeup and disappointing financial performance. Investors and analysts a...
Complaints of favoritism triggered inquiry into CEO: Nestle CFONestle ousted ex-CEO Laurent Freixe after receiving complaints of favoritism and a romantic relationship with an employee. An internal inve...
Nestle's new CEO faces full plate of problemsNestle abruptly appointed Philipp Navratil as CEO, succeeding Laurent Freixe, who was dismissed for violating the company's code of conduct...
Nestle shares slump on European STOXX 600 index after CEO sacked over romantic relationship with junior employeeEuropean STOXX 600 index declined 0.1% Tuesday, September 2, as Nestle shares dropped 3.2% following CEO Laurent Freixe's departure over an...
Nestle investors face more turbulence after another CEO oustedNestle faces leadership change. Laurent Freixe is out as CEO due to a relationship with a subordinate. Philipp Navratil replaces him. This ...
Secret love, anonymous call and a firing: How a hotline tip brought down Nestlé’s top boss Laurent FreixeNestlé Fires CEO: Nestlé has dismissed its Chief Executive Officer, Laurent Freixe, after an internal investigation found he breached compa...
Who is Laurent Freixe? Nestle CEO sacked over ‘undisclosed romantic relationship’ with office subordinate; all you need to know about himNestlé abruptly dismissed CEO Laurent Freixe due to an undisclosed romantic relationship with a direct subordinate, violating the company's...
Nestle CEO Laurent Freixe sacked over romantic relationship with colleagueNestle CEO Laurent Freixe has been sacked by Swiss food giant. The company has appointed Philipp Navratil as the new Chief Executive Office...
Nestlé CEO Laurent Freixe dismissed over undisclosed relationship with subordinate. Here's all you need to knowNestlé has ousted its Chief Executive Officer, Laurent Freixe, following an investigation that uncovered an undisclosed romantic relationsh...
Who is Philipp Navratil, the new CEO of Nestlé after the ouster of Laurent Freixe?Nestlé has appointed Philipp Navratil as its new CEO, effective immediately, after dismissing Laurent Freixe for violating the company's Co...