Oakland, California-based Clorox Company, a manufacturer and marketer of consumer and professional cleaning products, has announced an operational reorganization and reduction in force.
The reduction in force will impact approximately 4% of the company's workforce or 200 nonproduction employees.
According to CEO Linda Rendle, “While I’m energized about these changes and what they enable for us as an enterprise, we did have to make some difficult decisions today with the elimination of approximately 200 positions, or roughly 4% of our nonproduction workforce. Thankfully, the total number of people impacted is less than that as we were able to redeploy some teammates to other areas of the business and close some open positions.”
It’s possible that more layoffs are on the way
According to financial media reports, the company is seeking to sell its money-losing vitamins business. Goldman Sachs will serve as an advisor to the company.
Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. We see good people being laid off through no fault of their own. Just because something bad hasn't happened yet, doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. Are you now wondering, Am I Next?