Newell Brands Inc. has announced a global productivity plan aimed at strengthening its competitiveness and enhancing long-term value creation. As part of the reorganization, the company will reduce its global workforce by more than 900 professional and clerical employees, representing about 10% of those roles, with most U.S. separations expected this month and international actions continuing through 2026. The plan also includes the closure of approximately 20 Yankee Candle stores in the U.S. and Canada by January 2026, reflecting a shift toward a multi-channel growth strategy. Newell Brands says these changes, enabled by increased automation and digitization, will help streamline operations and support further investments in innovation and brand building.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Newell Brands Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251201958576) on December 01, 2025, and is solely responsible for the information contained therein.
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