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ATL layoffs inbound

Do you think Newell is in better shape than many or most of these companies who all just announced layoffs? No way that this week’s Q3 results are going to be strong enough to fight the peer pressure and shareholder pressure. Plus, we all know there’s too many people and not enough desks at the new HQ. Time to trim.

Recent Layoff Announcements:

  1. UPS: 48,000 employees
  2. Amazon: Up to 30,000 employees
  3. Intel: 24,000 employees
  4. Nestle: 16,000 employees
  5. Accenture: 11,000 employees
  6. Ford: 11,000 employees
  7. Novo Nordisk: 9,000 employees
  8. Microsoft: 7,000 employees
  9. PwC: 5,600 employees
  10. Salesforce: 4,000 employees
  11. Paramount: 2,000 employees
  12. Target: 1,800 employees
  13. Kroger: 1,000 employees
  14. Applied Materials: 1,444 employees
  15. Meta: 600 employees

Hurry up and quit to those working in non hub cities

We need to finish this headcount reduction that Stankey wants quicker rather than dragging it out. It’s like peeling a bandage quickly vs peeling it slowly and feeling the pain of arm hairs getting pulled.

Once the headcount is where it needs to be, then there will be less of a focus on a 5 day RTO and we will get the flexible schedule back. It is just the people that are working hard out of non-hub cities - anything outside of Dallas, Atlanta, NJ to be honest - that are holding us back at this point. Either relocate to Dallas, Atlanta, NJ or leave as Stankey is mentioning. Yet yall stay and we all get punished by Stankey for it.