Nestlé to cut jobs at Swiss food factory
The Swiss giant is investing SFr6.5m ($7.2m) to re-focus its Wangen facility.
Nestlé is set to cut 90 jobs at a facility in Switzerland as it “realigns” to producing two food brands.
The Swiss giant is investing SFr6.5m ($7.2m) to re-focus its Wangen facility, in the canton of Schwyz, which currently specialises in producing fresh dough.
Nestlé will now produce only two brands at the Swiss facility: Buitoni, an Italian pasta brand, and Leisi, which makes pastries and dough.
Nearly half of the total jobs at the Wangen factory will be cut in the new year as employees were informed of the changes mid-October, a Nestlé spokesperson told Just Food.
“We constantly review our activities and market requirements. The market conditions have changed and volumes abroad have decreased. We have therefore decided to concentrate on our core business with our own brands in the future,” the spokesperson said.
It is expected that the process will be finalised at the end of Q2.
Nestlé operates nine production sites in Switzerland and sells products under around 40 different brands for consumers and their pets.
Related news
Nestlé Szerencs factory expands with new solar park
The 1.5 GW annual capacity solar park will come into…
Read more >Nestlé to spin off water business in attempt to fuel growth
Nestlé said the new management of the drinks assets will…
Read more >Migros Zurich To Restructure Tegut – 120 Jobs At Risk
Migros Zurich plans to restructure its German subsidiary, Tegut, putting…
Read more >Related news
Hungarian family businesses invest in cooperation, not generational change
More than 20 percent of the 515,000 partnerships operating in…
Read more >Holiday Shopping Study 2024: European Consumers Plan Ahead Amid Economic Pressures
The “Holiday Shopping Study 2024,” conducted by ShopFully and Offerista…
Read more >Nestlé Szerencs factory expands with new solar park
The 1.5 GW annual capacity solar park will come into…
Read more >