Thread regarding Nestle layoffs

Not that we didn't know this was coming

  • Nestlé USA, a subsidiary of the global food giant Nestlé S.A., is closing a frozen pizza and ice cream distribution facility in Farmingdale by the end of the year and is laying off 39 employees there, according to a state filing.

https://www.newsday.com/business/nestle-usa-warn-layoff-39-workers-1.35424423

by Anonymous
| 991 views | | 1 reply (August 27, 2019) | Reply
Post ID: @OP+10KmQvLZ
Comment! It's anonymous!

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It look to me like Nestle is going to sell off the pizza division after we are gone. The new boxes don't say Nestle'on them anywhere and think about it, they stand to lose millions if not a billion in sales due to the transition to warehouse. So now would be the time to sell before the sales tank and the business is worth less. The massive amount of sales they are already losing right now probably has the desk jockeys err, analysts hitting the panic button. I know nothing just my opinion.

by Neslave
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Post ID: @ulz+10KmQvLZ

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