Nestlé reports nine-month sales of CHF 65.869 billion (-1.9%), Nespresso sales at CHF 4.706 billion, company to cut 16,000 jobs worldwide
MILAN – Nestlé shares soared this morning on the stock market following the publication of the company’s results for the first nine months and the announcement of a drastic reduction in its workforce. Coffee and confectionery were the main sales growth...