Nestle layoffs: These 7 companies have announced massive job cuts in the past 10 months

Nestlé layoffs: Switzerland-based fast-moving consumer goods (FMCG) giant Nestlé SA plans to cut 16,000 jobs after its new Chief Executive Officer (CEO), Philipp Navratil, took charge and vowed to turn the company around. Nestlé SA’s move to cut 16,000 jobs represents almost 6% of the total number of employees working at the FMCG firm. “The world is changing, and Nestlé needs to change faster,” Nestlé CEO Philipp Navratil said in an official statement. “This will include taking difficult but necessary decisions to reduce the number of people.” However, the company has also announced that a layoff of this scale will be carried out over the next two years, affecting employees working for the KitKat candy bar maker, in an effort to save 1 billion Swiss francs in costs. Mint previously reported that the layoffs include 12,000 white-collar jobs, in addition to the 4,000 job cuts already underway in production and the supply chain. Companies undergoing layoffs 1. TCS or Tata Consultancy Services: Tata Group’s IT division, Tata Consultancy Services, has already laid off 6,000 employees, representing 1% of its global workforce. The IT chief also plans to cut another 6,000 jobs, bringing the total to 12,000 layoffs, or about 2% of its total workforce, as part of the company’s restructuring plans amid the push for artificial intelligence (AI) in the industry. 2. Nestlé SA: The FMCG giant plans to cut 16,000 jobs, which amounts to almost 6% of the company’s total workforce. 3. Amazon: Global e-commerce giant Amazon plans to cut nearly 15% of job roles in departments including human resources (People eXperience Technology team), consumer business, among others. 4. Google: Big tech giant reportedly laid off 100 employees in design-related roles. 5. Accenture: The technology company announced in September 2025 that it will lay off more than 11,000 employees in a company-wide restructuring move. 6. Salesforce: Salesforce CEO Marc Benioff has cut the jobs of 4,000 customer service staff as AI tools take over the IT and services industry. The company has reduced its customer service workforce from 9,000 employees to 5,000 employees, marking 4,000 job cuts. 7. Microsoft: In 2025, Microsoft laid off more than 15,000 employees and about 2,000 more staff who were considered underperformers of the big tech firm. Microsoft CEO Satya Nadella explained in a memo how the company carried out the restructuring based on an objective measure taking into account the firm’s “market performance, strategic positioning and growth all pointing up and to the right.”