April 23 (Reuters) - Nestle could cut 180 jobs in France, the company's French division said on Thursday, adding the move was part of broader job-cut plans announced in October. • Nestle France said
Nestle Could Cut 180 Jobs in France as Part of Wider Layoff Plan
Nestle's Job Cut Plans and Financial Performance
Overview of Job Cuts in France
April 23 (Reuters) - Nestle could cut 180 jobs in France, the company's French division said on Thursday, adding the move was part of broader job-cut plans announced in October.
Details of Affected Positions
• Nestle France said most of these job cuts would come from posts related to support roles, and research and development.
Financial Results and Market Challenges
First-Quarter Sales and Annual Outlook
• On Thursday, Nestle beat first-quarter sales forecasts and stuck to its annual outlook, riding out the impact of the Iran war, though it warned about the risk of higher energy and freight costs and a needed turnaround in a tough China market.
Background on Global Layoff Announcements
• Last October, Nestle announced 16,000 job cuts.
Reporting Credits
(Reporting by Sudip Kar-GuptaEditing by Bill Berkrot)
