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The world's largest food company, Nestlé, just announced it will cut 16,000 jobs under new CEO Philipp Navratil. This major corporate restructuring is part of a 'turnaround fire' to save over 3 billion Swiss francs, combat rising costs, and boost investor confidence. We explain the shocking news from the maker of KitKat and Nespresso. #Nestle #JobCuts #Business #Finance #CorporateNews #StockMarket #NESN #PhilippNavratil #shorts #viral
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