Nestle to Cut 400 Jobs in France

Nestle to Cut 400 Jobs in France
A Nestle logo is pictured on the company headquarters in Vevey, Switzerland, Oct. 20, 2016. Reuters/Denis Balibouse
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PARIS–Swiss food group Nestle said on Friday it planned to cut as many as 400 jobs in France in support services and HQ functions, as it sees to cut cost and boost efficiency, confirming a media report.

The group, which employs 13,000 people in France, wanted to avoid layoffs and attrition may account for some reduction in headcount as Nestle consolidates seven sites around Paris into one by 2020, a spokesman said.