Whirlpool Layoffs 2024: Leading Home Appliance Company Cutting 1,000 Jobs Globally Amid Declining Sales and Demand in US
Whirlpool Corporation layoffs have been implemented due to cut the cost amid slugging US home sales and decreasing demand.
Whirlpool has reportedly started laying off 1,000 salaried employees globally to cut costs. The Whirlpool layoffs have been implemented due to the slugging home sales in the United States and diminishing demand. On January 30, 2024, Whirlpool Chief Officer Jim Peters said that the company would have fewer people in certain parts of the business. He said that the company would have to adjust its headcount appropriately. Whirlpool is a major small appliances provider that owns the popular brands Maytag and Amana. According to a report by India TV News, as of 2023, Whirlpool had a total of 59,000 global workforce. The Whirlpool layoffs are expected to bring $400 million in expenses down in 2024. Stellantis Layoffs 2024: Global Automobile Company To Lay Off ‘Unspecified’ Numbers of Employee To Deal With Rapidly Changing Global Auto Market.
Whirlpool Layoffs 2024 Implemented to Cut Costs:
Whirlpool CFO Jim Peter Announcement to Adjust Headcounts:
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