The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacture Of Food And Beverage Manufacture Of Food Products 10 - Manufacture of food products
10,000 jobs Number of planned job creations
Announcement Date
27 June 2013
Employment effect (start)
Foreseen end date
31 December 2016
Description
Multinational food and beverage producer Nestlé has recently announced its plan to recruit 20,000 young workers across Europe by 2016.
The “Youth Employment Initiative” envisages the creation of 10,000 jobs for people under the age of 30 and adittional 10,000 traineeship and apprenticeship positions.
As announced, the company is not planning to increase its overall workforce by 10,000, since part of these vacancies will provide replacements for retired workers. Additionally, the initiative will include as well company’s recent investments in plants across Germany, France, Spain and the UK.
Moreover, recognising high youth unemployment in Southern European Member States, Nestlé will provide opportunities for young people from these regions in northern countries.
After September 2013 a more detailed plan is expected to be presented.
The company, which has its headquarters in Vevey, Switzerland, currently employs around 339,000 staff and is one of the largest food companies worldwide.
Update, 03/04/2014: On November 15 2013, more detailed plans for the "Youth Employment Initiative" were announced. At the launch event of the initiative in Greece, it was announced that all Nestlé teams in Europe will contribute to the job creation initiative. For example, Nestlé announced it would hire 3,000 young people in France, 2,420 in Germany, 1,250 in Spain and 1,080 in Italy over the three-year period, including both direct recruitment and apprenticeship/traineeships positions.
In Italy, the first intake of 13 new recruits out of the foreseen total 1,000 started working at the company's site in Parma on 1 April 2014, as part of a 6 months paid placement.
Sources
27 June 2013: Reuters
27 June 2013: Company website
15 November 2013: Company website
1 April 2014: La Repubblica
Citation
Eurofound (2013), Nestlé, Business expansion in European Union, factsheet number 75781, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/75781.
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