News: Clorox implements workforce reduction, cutting 4% of non-production staff

Strategic HR

Clorox implements workforce reduction, cutting 4% of non-production staff

"We had to make some tough choices today, which resulted in the elimination of approximately 200 positions, equivalent to about 4% of our non-production workforce," stated Linda Rendle, Chief Executive Officer, in a blog post announcing the layoffs.
Clorox implements workforce reduction, cutting 4% of non-production staff

Clorox Co announced plans to reduce its non-production workforce by approximately 200 positions, equivalent to 4% of the total, in an effort to manage costs and address concerns about a potential economic slowdown.

As concerns over a potential economic downturn continue to mount in the US, Clorox Co has become the latest company to join the ranks of firms ranging from technology companies to retailers like Bed Bath & Beyond Inc and Wayfair Inc. 

"We're on track to generate ongoing annual savings of approximately $75 million to $100 million, with benefits beginning this fiscal year," Chief Executive Officer Linda Rendle said in a blog post.

"Transformation isn't a one-time event, and we'll continue to implement changes as we execute this transformation," she added.

In February, Clorox Co, the manufacturer of household staples, had previously announced its intention to implement additional layoffs in the coming months as part of its cost-cutting efforts.

As part of its ongoing efforts to streamline operations, Clorox announced in September that it had already eliminated nearly 100 positions in 2022, amounting to approximately 2% of its non-production workforce.

As of June 30, 2022, the company had a global workforce of around 9,000 employees, with 72% of them based in the United States.

Read full story

Topics: Strategic HR, #Layoffs, #HRTech, #HRCommunity

Did you find this story helpful?

Author

QUICK POLL

How do you envision AI transforming your work?