“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.
Swiss invention: 90-year anniversary of first T-bar ski lift
This content was published on
On Monday it will be 90 years since the world’s first T-bar ski lift went into service in Davos. This Swiss invention was an instant success.
Iran summons Swiss ambassador over US and Italy arrests
This content was published on
Iran has summoned the Swiss ambassador, who represents US interests, to protest against the arrest in the US and Italy of two Iranians.
Swisscom receives greenlight for acquisition of Vodafone Italia
This content was published on
The takeover of Vodafone Italia by Swisscom is nearing completion. All relevant authorities have now approved the €8 billion (CHF7.45 billion) deal.
Novo Nordisk stock market plunge drags down Swiss device maker Ypsomed
This content was published on
The Danish pharmaceutical giant, Novo Nordisk, faced setbacks on Friday that weighed on the share price of Swiss injection device manufacturer Ypsomed.
Swiss press react to EU deal with mix of euphoria and scepticism
This content was published on
Swiss media reaction to the agreement between Switzerland and the EU varies widely. Some are celebrating, while others worry about what is to come.
Swiss Solidarity donations to tackle child abuse top CHF4 million
This content was published on
Swiss Solidarity, the humanitarian arm of the Swiss Broadcasting Corporation (SBC), has raised over CHF4 million ($4.3 million) to tackle child abuse.
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.