Nestle plans to double down on 'billionaire brands' in major overhaul and cut $2.8 billion in costs
Briefly

"Growth is of the essence," the CEO said at Nestlé's headquarters in Vevey, Switzerland. Freixe's vision centers on revitalizing the company's growth trajectory despite current challenges.
Freixe emphasized a "less is more" approach for the Swiss company, indicating a shift towards focusing on its top-performing 'billionaire' brands to drive future growth.
Read at Fortune Europe
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