“Nestlé remains fully committed to its home base in Switzerland", wrote the company in a press release.
Keystone
Swiss food giant Nestlé plans to cut as many as 500 computer-service jobs in Switzerland as part of a restructuring plan to increase profitability, the company announced on Tuesday.
This content was published on
1 minute
Nestlé will be outsourcing the IT jobs to Spain, according to a press releaseExternal link published on the company’s website.
“We understand that this a difficult time for our employees,” said Peter Vogt, head of Nestlé’s Human Resources.
Nestlé’s coffee unit, Nespresso, is also moving Swiss jobs to Spain and Portugal. This move will impact an additional 80 employees, although the people affected by this reorganisation will be offered jobs in the new locations.
The cuts will be implemented over the next 18 months. “Nestlé remains fully committed to its home base in Switzerland. The relationship between Nestlé and Switzerland is mutually beneficial,” Vogt said.
More
More
Nestlé tops list as most valuable Swiss company
This content was published on
Nestlé named Swiss company with highest market value at $264 billion.
This content was published on
An unstable glacier above the Swiss village of Blatten has stopped breaking up, but there is still no question of lifting a landslide alert.
Swiss education chief wants fewer mobile phones in schools
This content was published on
The new head of the Swiss cantonal education authority would like to ban mobile phones in schools, apart from use in lessons.
Swiss regulator criticises banks for being lax with mortgages
This content was published on
Switzerland's financial watchdog has condemned a tendency for banks to apply less stringent internal guidelines for granting mortgage loans.
Uber drivers subject to the law on services in Geneva
This content was published on
The Federal Court has ruled against a Geneva-based company, a partner of Uber, which challenged its liability under the law on the hiring of services.
Swiss nuclear power plants are not at risk from flooding
This content was published on
According to an inspection by the Swiss Federal Nuclear Safety Inspectorate, the safety-relevant buildings of the Swiss nuclear power plants are not at risk.
If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.
Read more
More
Nestlé bows to investor and sector pressures with strategic shift
This content was published on
Nestlé has for the first time set a target for increasing profit margins, marking a significant shift from its traditional sales-focused model.
This content was published on
The Swiss food giant Nestlé is set to pay Starbucks $7.1 billion (CHF7.1 billion) to market the American firm’s products outside Starbucks’ coffee shops.
You can find an overview of ongoing debates with our journalists here . Please join us!
If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.