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Newell Rubbermaid – Over 1,900 jobs to be cut

Newell Rubbermaid plans to cut more than 1,900 jobs, or about 10 per cent of its worldwide workforce, over the next two and a half years.

The consumer products company, known for Sharpie pens and its namesake containers, said Friday that all savings from the job cuts will be reinvested into growing its brands globally and adding new sales capabilities in emerging markets.

Newell Rubbermaid also said that its business will be restructured under two groups, a development organization and a delivery organization…

Choosen excerpts by JMM from

via Over 1,900 jobs to be cut at Newell Rubbermaid | The Chronicle Herald.

Discussion

One thought on “Newell Rubbermaid – Over 1,900 jobs to be cut

  1. I’m a little bewildered, I want to say its bad to cut 1,900 jobs, but isn’t that hard part of owning a business. This sort of reminds me of my blog, short, concise, and straight to the point!!! Keep up the good work!!!!!!!

    Posted by j1234awesome | October 28, 2012, 9:45 am

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