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A wave of layoffs is sweeping through global companies, and even consumer goods giants like Nestlé aren’t immune. The Swiss-based food and beverage leader plans to cut 16,000 jobs worldwide over two years under CEO Philipp Navratil, as part of a cost-cutting and restructuring plan, as per Mint report.

Nestlé’s announcement is part of a broader global trend. Over the past 10 months, several major companies across tech, consulting, and manufacturing have slashed tens of thousands of jobs. Here’s a look at the biggest layoffs of 2025 so far:

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India’s IT giant laid off 6,000 employees earlier this year and plans to cut another 6,000 by year-end. The move supports TCS’s shift toward AI-driven automation, reducing reliance on manual coding and support roles.

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E-commer

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