Amazing how all the layoffs are happening within days of Obama’s reelection.
From Saint Louis Dispatch:
Energizer Holdings Inc. will reduce its global workforce by more than 10 percent — or about 1,500 employees — as the company closes three manufacturing plants and streamlines other operations.
The moves are part of a companywide restructuring plan for the maker of batteries and personal care items such as Schick razors and Playtex tampons. Energizer said Thursday it plans to save about $200 million in annual pre-tax savings through the changes.
In August, Energizer first announced that was launching a review of its operations amid sluggish battery sales and heightened competition in the razor category.
Energizer employs more than 16,000 people in 50 countries, including at its Town and Country headquarters. The number of local workers who will be affected by the downsizing is not yet known, according to a company spokesman.
H/T to Gateway Pundit