Nestle: A Real-Life Horror Show
Nestle now ranks as the world’s largest, publicly traded food company, operating in 189 countries and employing more than 300,000 employees. They not only sell water, tea, milk and coffee, but also baby foods, snacks, frozen foods, even food for your pets. Based in Vevay. Switzerland, they have no fewer than 29 brands that each separately boast more than $1 billion a year in sales, including Stouffer’s and Nescafe.
Yet, this is a company that has been criticized widely for some of its less savory practices. It conscripts child labor to harvest cocoa in lesser-developed nations, and also taps heavily into local wells and bodies of water to keep its bottled water supplies rolling out to customers.
Here’s a closer look at the company and its global controversies from British YouTuber John Frazer and his channel MagnatesMedia.
