adminNESTLE, the world’s biggest food company and a major employer in Europe, plans to recruit 20 000 young people as the continent grapples with a youth unemployment crisis that is sapping consumer confidence. Laurent Freixe, Nestle’s Europe boss, presented the plan yesterday in Brussels to Employment Commissioner Laszlo Andor as European Union leaders gathered for a summit set to focus on tackling youth unemployment.
“Governments cannot solve the problem alone,” he said in an interview at Nestle’s headquarters in Vevey, Switzerland. “In the context where Europe is ageing and indebted, Europe needs its youth at work. We need to replace the generation of the baby boomers when they retire.”
Nestle plans to offer jobs to 10 000 people under the age of 30 by 2016 and create a further 10 000 traineeships and apprentice positions. It will also push its 63 000 suppliers to follow suit, and offer the new hires coaching and mentoring.
“Hopefully we will inspire other businesses to be part of the solution,” he said. “By investing in Europe, by growing in Europe, we believe we can do something that is good for our business but also which is good for society at large.”
The maker of KitKat chocolate bars and Nespresso coffee employs about 100 000 in Europe, where it makes about a third of group sales which rose to 92 billion Swiss francs ($97.6 billion) in 2012. It added 3 000 jobs in 2012 In Europe and offered 2 000 traineeships and apprenticeships.
About 5.6 million young people are officially unemployed in the European Union, with the youth jobless rate at 23 percent.
Freixe said Nestle did not plan to increase total headcount by 10 000, as some of the young people would be replacing those retiring, while others would be hired due to investments in new plants announced in recent months, including in Germany, Spain, France and Britain.
Noting unemployment in Spain and Greece was higher than that reached in the United States during the Depression of the 1930s, he said young people from struggling southern Europe would be offered positions in the healthier northern economies. Nestle would also continue to hire older, experienced staff.
“Everyone has got a relative, a friend who is affected. It affects the entire society,” he said. “Everyone is anxious. It is no surprise that nine out of 10 of the most pessimistic countries are in Europe.” — Reuters.
Online Reporter