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Mass layoffs at Nestlé: 16,000 jobs to be cut over two years

The turmoil at Nestlé continues: Following the dismissal of the previous CEO over a romantic relationship with a subordinate, the company's new CEO, Philipp Navratil, has announced sweeping cutbacks; Upon his appointment last month, the company cited his 'impressive track record of achieving results in challenging environments'

News Agencies | 10.16.25

יו"ר דירקטוריון נסטלה פול בולקה

Drama at Nestle: After CEO fired for affair with an employee, chairman of food giant is also leaving

Just days after CEO Laurent Freixe was fired following an affair with a company employee, Nestle is also parting ways with Chairman of the Board Paul Bulcke, amid investor demands that he leave: 'This is the right moment for me to step aside'

News Agencies | 09.16.25

Osem's Bamba snak

Is Bamba relocating? Osem, Israel's 3rd largest food producer, may be leaving the country

Swiss owner, Nesle food conglomerate completing purchase of company's intellectual property including patents, recipes, brand names and could end local production at risk to Israel's food security

Tamar Ganon, Nurit Kadosh | 01.18.24

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