The municipalities in Spain that could be affected by Nestlé’s global layoffs
The company behind the iconic cereals and breakfast and snack products, Nestlé, has just announced the termination of 16,000 jobs (12,000 of them administrative) around the world for a period of two years. The objective that the company can reduce its costs by just over 1 billion Swiss francs (1,075 million euros) by 2027, but it falls like a bucket of cold water for the 4,060 workers in Spain that wait disturbingly.
Although there is little information at the moment, The unions reject that there are layoffs in the country due to “the good economic situation of the company.” However, the multinational has justified these cuts in the decline in sales during the first nine months of the year globally. The measure has been well received in the market and the company’s shares soared more than 8%, to 82.7 Swiss francs.
Nestlé x-ray in Spain
Nestlé Spain operates 10 production centers distributed in five autonomous communities: Cantabria, Asturias, Extremadura, Galicia and Cataloniaspecifically in the municipalities of Gijón (Asturias), Viladrau (Catalonia), Pontecesures (Galicia), Miajadas (Extremadura), Girona (Catalonia), Santa María de Cayón (Cantabria), Caso (Asturias).
The plant La Penilla de Cayón (Cantabria), inaugurated in 1905, it was the first in the country and It is currently the largest production center where products such as baby flour, soluble cocoa, chocolates, powdered milk and refrigerated wafers are produced.
All facilities produce both for the national market and for export, and many of them have received significant investments to modernize machinery and optimize processes. For example, the La Penilla plant allocated 5 million euros to improve its chocolate production line.
In terms of personnel, Nestlé Spain employs 4,060 people, of which more than 2,600 are in factories and production centers, and close to 1,000 in offices and central services. Its headquarters are located in Esplugues de Llobregat (Barcelona), from where the commercial and administrative operations of the entire subsidiary are coordinated.
Financial situation of the Nestlé subsidiary in Spain
Nestlé Spain registered In 2023, total sales of 2,496 million euroswith an increase of 6.3% compared to the previous year, driven by national production and exports, which reached 970 million euros (8.3% more than in 2022), according to Europa Press. And by 2024, 2024, exports exceeded 1,000 million euros for the first timerepresenting approximately 40% of total sales.
The Swiss multinational, which is now chaired by the Spaniard Pablo Isla, closed last year with Total sales in Spain of 2,582 million euros4.1% more than the previous year. Of this amount, 1,038 million was due to exports, which represented 40% of the income generated by the company nationwide. To which are added 76 million euros in investments. The company continued to invest in factory modernization and energy efficiency with more than 67 million euros intended for these purposes.
