Nestle to cut down on employee cost, offers revoked for new recruits

Nestle has been facing the brunt of economic downturn in the market with slow traction for its consumer goods segment. As a cost cutting measure, candidates who have been recruited in the current financial year will face the major consequences with few offers revoked and others facing a delayed joining. The company is yet to disclose the exact course of action, till then uncertainties loom over new recruits.

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