Newell Brands to Cut 7% of Office Roles, Reduce Footprint
Newell Brands will slash about 7% of its office roles and pare down its real-estate footprint in an organizational realignment.
The Atlanta-based maker of Rubbermaid and Sharpie said it expected to realize annual pretax savings of $65 million to $90 million net of reinvestment, the majority of which is expected this year.
Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Newell Brands will slash about 7% of its office roles and pare down its real-estate footprint in an organizational realignment.
The Atlanta-based maker of Rubbermaid and Sharpie said it expected to realize annual pretax savings of $65 million to $90 million net of reinvestment, the majority of which is expected this year.
Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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