The global food giant, under new chief executive officer Philipp Navratil, is cutting about 16,000 jobs, about 6% of its workforce, as part of a sweeping reorganisation that includes divesting non-core brands and businesses.
It has agreed to sell its remaining ice cream operations, including brands such as D’Onofrio, Real Dairy, Parlour and Lafrutta, to Froneri, its joint venture with PAI Partners.
The maker of Nespresso coffee and Purina Cat Chow said workforce reductions would vary by country. Transformation plans are being developed at a local level in line with each market’s business needs and structure, and in accordance with local requirements, a spokeswoman said in response to questions, adding that the company could not comment on the number of jobs that may be cut while consultations are ongoing.
“We remain firmly committed to playing our part in the development of the local and Africa’s economy as a whole,” the spokeswoman said, “We are positive that we are paving the way for long-term, sustainable future on the continent."
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