The company that makes brands such as Sharpie, Mr. Coffee, Yankee Candle, and Graco said Monday it will slim its workforce to be more competitive.
Newell Brands said the plan is “designed to strengthen the company’s competitiveness, deliver greater value for consumers and drive long-term value creation.”
Newell then laid out how it will achieve that goal:
As part of the plan, the company will reduce its global workforce by over 900 employees (approximately 10% of professional and clerical employees), with limited impact on manufacturing or supply chain operations. Professional and clerical separations in the United States are largely expected to occur this month, with international actions continuing through 2026, subject to local law and consultation requirements.
In addition, t

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