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:
- UPS: 48,000 employees
- Amazon: Up to 30,000 employees
- Intel: 24,000 employees
- Nestle: 16,000 employees
- Accenture: 11,000 employees
- Ford: 11,000 employees
- Novo Nordisk: 9,000 employees
- Microsoft: 7,000 employees
- PwC: 5,600 employees
- Salesforce: 4,000 employees
- Paramount: 2,000 employees
- Target: 1,800 employees
- Kroger: 1,000 employees
- Applied Materials: 1,444 employees
- Meta: 600 employees