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Switzerland

Nestle to cut costs by $2.8 billion

VEVEY, Switzerland ― Nestle will boost advertising and marketing, trim costs by at least $2.8 billion by 2027 and carve out its water and premium drinks businesses into a standalone global unit as it looks to drive growth under its new chief, the com

By: The Manila Times

Nov 20 2024
3
176 Views

Nestle to cut costs by $2.8 bi

VEVEY, Switzerland ― Nestle will boost advertising and marketing, trim costs by at least $2.8 billion by 2027 and carve out its water and premium drinks businesses into a standalone global unit as it looks to drive growth under its new chief, the com... [380 chars]