European markets trade mixed; Nestle unveils $2.8 billion cost cutting plan
Nestle to cut additional $2.8 billion of costs by 2027 The company’s logo is seen at a Nestle plant in Konolfingen, Switzerland September 28, 2020. Arnd Wiegmann | Reuters Nestle on Tuesday said it would cut at least a further 2.5 billion swiss francs ($2.8 billion) on top of existing initiatives by the end of…