Nestle plans to cut up to 500 IT jobs in Switzerland

ZURICH: Nestle plans to eliminate up to 500 information technology jobs at its Swiss home base as it shifts work to an existing tech hub in Spain and other locations, the food and beverage giant said on Tuesday.
None of the group’s Swiss production sites will be affected by the plan, which is being presented to staff for consultation, the company said in a statement.
Its Nespresso coffee business also plans to establish operational centres in Spain and Portugal to benefit from existing Nestle e-commerce and supply chain hubs, and intends to create a centre for boutique operations in Italy too.
“It is Nespresso’s intention to offer roles in these centres to all of the 80 employees impacted by the proposed change,” it added.
These were in addition to the 500 Swiss IT jobs at risk. — Reuters