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Newell Brands will shut Yankee Candle corporate offices in South Deerfield, Massachusetts, also shut Newell offices in Boca Raton, Florida; remaining Deerfield workers will be moved to other sites, Boca Raton workers will work remotely and from Miami site

Newell Brands to cut about 13% of office roles in restructuring plan, beginning in Q1; company also names Kris Malkoski as Segment CEO for Learning & Development segment, Mike McDermott for Home & Commercial Solutions, Jim Pisani for Outdoor & Recreation

Newell Brands' restructuring will consolidate five operating units into three units--Home & Commercial Solutions will combine Commercial Solutions, Home Appliances and Home Solutions segments, while Learning & Development, Outdoor & Recreation will remain

Newell Brands announces restructuring and savings initiative, Project Phoenix, including centralized supply chain functions, transition to One Newell go-to-market model in key areas; plan expected to be substantially implemented by end of 2023

NEWELL BRANDS INC. FILES (8-K) Disclosing Costs Associated with Exit or Disposal Activities

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