Nestle undergoes retrenchment exercise in Singapore

Nestle Singapore has undergone a retrenchment exercise which reportedly affected 3% of its 1,400 staff locally.  According to Channel NewsAsia, the retrenchments were part of an implementation of new work processes, which resulted in certain job functions ceasing to exist. Marketing has reached out to Nestle for comment.The local news outlet also found the finance department to be one of the affected departments. Meanwhile, a spokesperson from Nestle Singapore has revealed that it has engaged an outplacement agency to assist with the retrenchment exercise.This will assist affected employees through career coaching, counselling as well as provide support in resume writing and social media profiling to help with new job opportunities and connections. This is to help affected employees find new employment.Most recently, Nestle Singapore’s MILO appointed Joseph Schooling as its brand ambassador. This was for its newest beverage drink, “MILO Gao Siew Dai”. This was not the first time MILO collaborated with local talents. Earlier this year, it appointed local singer Nathan Hartono as the brand ambassador for its “MILO Peng” product.Prior to that, it showed its support for Hartono, who gained attention for being a Sing! China finalist. This was when the latter revealed in an interview with The Straits Times that he would treat everyone to iced MILO from a rented fleet of MILO vans if he won the singing competition. Picking up on mention, MILO then shared that he need not rent their popular MILO truck and it would provide it for free.Meanwhile in March, MILO partnered with The Secret Little Agency to promote its limited edition MILO van collectibles. It was also appointed the official tonic food drink of FC Barcelona in 2016 to promote healthier lifestyles and the importance of physical activity to young people worldwide.