Nestle to axe 16,000 jobs as new boss pushes to cut costs
Osmond ChiaBusiness reporterFood and beverage giant Nestle said it will cut 16,000 jobs over the next two years, as its new CEO Philipp Navratil pushes to focus on products with…
Osmond ChiaBusiness reporterFood and beverage giant Nestle said it will cut 16,000 jobs over the next two years, as its new CEO Philipp Navratil pushes to focus on products with…
Giorgio Armani has appointed deputy managing director Giuseppe Marsocci as chief executive with immediate effect, the Italian fashion house said today, confirming media reports. Marsocci, who has been at the…
Microsoft has today rolled out a series of artificial intelligence upgrades to Windows 11 that would make its Copilot AI assistant more appealing to users by making it easier to…
International Monetary Fund Managing Director Kristalina Georgieva has today urged all parties to continue moving in the direction of a sustained lasting peace following a ceasefire in Gaza, saying it…
An internal audit at the Central Bank found nearly 30% of key projects were going over budget with some getting bogged down in over-complicated bureaucracy. The report said that of…
Building work began on 1,653 new homes in September, the highest monthly total so far this year. When compared to August, there was a 43% rise in the number of…
The main Irish arm of biopharma giant, Sanofi last year paid out dividends of €800m. New accounts show that Sanofi based subsidiary Genzyme Ireland Ltd paid out the dividend as…
The Western Development Commission's (WDC) Western Investment Fund (WIF) has now invested €100 million across more than 350 SMEs, social enterprises, community projects and strategic regional initiatives throughout the Western…
Business activity in Dublin's private sector continued to expand between July and September, but only marginally. The latest PMI survey from S&P Global shows that the headline rate stood at…
Salesforce has today forecast faster revenue growth in the coming years, easing concerns that AI tools were eroding demand for its software. The Marc Benioff-led company had posted its first…
The CIPD in Ireland - the professional body for the HR industry - said today that Mary Connaughton, Strategic Engagement Director, has been appointed to the Board of the European…
Tepid economic growth in Europe could result in a growing risk of civil unrest, a top executive with the German insurer Munich Re said today. Clarisse Kopff, a board member…