“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.
In Switzerland more people are being referred to electrical therapies or psychedelic-assisted psychotherapy. Are there similar approaches where you live?
Living longer: What do you think about the longevity trend?
The longevity market is booming thanks in part to advances in the science of ageing. What do you think of the idea of significantly extending human lifespan?
This content was published on
Primary school children in the Swiss canton of Nidwalden will not be allowed to use mobile phones and other electronic devices..
This content was published on
Switzerland has increased maximum possible output from hydropower by 43 megawatts compared to last year, according to the Swiss energy ministry.
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.