NWL to Cut More Than 900 Jobs & Shut Stores, Unveils Productivity Plan

Key Takeaways Newell launches a global productivity plan to boost competitiveness and long-term value.NWL will cut 900 professional and clerical roles and close about 20 Yankee Candle stores.The plan targets $110-$130 million in annualized savings and keeps guidance unchanged.Newell Brands Inc. (NWL) is enhancing its operational efficiency, profitability and long-term competitiveness through disciplined execution of productivity, simplification and innovation initiatives. The company has unveiled a global p ...