Nestle Cuts 50 Jobs in Waverly

Nestle workers in Waverly learned that more than 50 employees would lose their jobs over the next year.

Waverly Economic Development says they are ready to help the more than 50 employees who will lose their jobs when Nestle phases them out. Nestle plans to phase out 49 hourly jobs and seven salary jobs by the end of 2018.

Bill Werger, City Attorney, is confident there are plenty of opportunities for these people to find employment either in Waverly or the Cedar Valley. He points to the current number of open positions and low unemployment as reasons for his optimism.

Nestle says employees were notified on Monday and the jobs will be phased out over the course of 2018. The company has 254 employees at the plant in Waverly who manufacture products like Breakfast Essentials, Nesquik and hot cocoa mix.