Maggi ban will not result in job cuts, says Nestle India

New Delhi, August 3

The ongoing ban on Maggi instant noodles will not result in job cuts, Nestle India’s newly appointed Managing Director Suresh Narayanan has said while seeking to bring back “pride and self confidence” among the company’s 7,200-odd employees.

The company, which has suffered its first quarter loss in 30 years due to the Maggi ban, has redeployed employees who were involved in manufacturing of the instant noodles for other operations.

“As of now every single permanent employee of this company has his job,” said Narayanan expressing the hope that Nestle would soon overcome from this situation. — PTI