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Tuesday, Apr 16, 2024

Nestle to Leave Glendale by July

In an updated filing with state regulators, Nestle USA said it will close its headquarters in Glendale on July 6, 2018. The food giant previously disclosed plans to move its headquarters to Virginia, affecting 1,200 employees at its offices at located at 800 N. Brand Blvd. In August, the company informed the California Employment Development Department it would cut its workforce by 340 employees. In the updated filing, the company said it is conducting layoffs both in Glendale and an Oakland facility “necessitated by business reasons separate from the headquarters relocation.” It listed 273 jobs impacted by the Glendale closure and 55 voluntary departures from the Glendale offices. An additional 170 positions in either Glendale or Oakland could be cut for business reasons. The company said the first involuntary departure in Glendale occurred in April, and the last will occur next July.

Joel Russel
Joel Russel
Joel Russell joined the Los Angeles Business Journal in 2006 as a reporter. He transferred to sister publication San Fernando Valley Business Journal in 2012 as managing editor. Since he assumed the position of editor in 2015, the Business Journal has been recognized four times as the best small-circulation tabloid business publication in the country by the Alliance of Area Business Publishers. Previously, he worked as senior editor at Hispanic Business magazine and editor of Business Mexico.

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