The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry

Nestlé is set to reduce its workforce by 16,000 positions, representing 6% of its global staff, as new CEO Philipp Navratil accelerates a strategic turnaround.

According to a report by Business Day, which cited Food and Allied Workers Union spokesperson Dominique Swartz, the company has initiated consultations with employees regarding retrenchments.

ADM has initiated the closure of its domestic trading operations in China, resulting in significant layoffs within its two largest business segment, Ag Services and Oilseeds.

Saputo Dairy UK has proposed closing its Kirkby Malzeard cheese packing facility and relocating most of its operations to Nuneaton.

Patriot Pickle, a manufacturer of fresh pickles and fermented foods, has officially opened a new production facility in Garland, Texas.

Cargill has confirmed significant layoffs affecting approximately 5% of its global workforce, translating to around 8,000 employees.

Alpla Group has opened a new state-of-the-art PET recycling facility in Ballito, KwaZulu-Natal.

Coca-Cola HBC has secured a $130m loan from the European Bank for Reconstruction and Development to support ongoing investments in Egypt.

Unilever plans to slash a third of its office-based roles in Europe by the end of 2025 as part of a broader effort to revive growth.