---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-003974"
form_type: "8-K"
ticker: "NWL"
cik: "0000814453"
company_name: "NEWELL BRANDS INC."
filed_at: "2024-01-08T23:59:59+00:00"
generated_at: "2026-06-07T02:44:46.222560+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Newell Brands approves restructuring; expects $65M-$90M annualized savings

## Summary
- Office roles reduced by ~7%; actions substantially complete by end of 2024.
- Annualized pre-tax savings of $65M–$90M, net of reinvestment; $55M–$70M expected in 2024.
- Restructuring charges estimated $75M–$90M, mostly cash severance ($60M–$70M).
- Cash expenditures of $70M–$80M; office space reduction charges $11M–$16M.
- Plan centralizes retail, digital, HR teams and optimizes real estate footprint.

## SEC filing metadata
- accession: 0001193125-24-003974
- form_type: 8-K
- ticker: NWL
- cik: 0000814453
- company_name: NEWELL BRANDS INC.
- filed_at: 2024-01-08T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.05
- EDGAR index: https://www.sec.gov/Archives/edgar/data/814453/000119312524003974/0001193125-24-003974-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/814453/000119312524003974/d103686d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-003974
- JSON: https://secwatch.observer/filing/0001193125-24-003974.json
- Plain text: https://secwatch.observer/filing/0001193125-24-003974.txt

## Key facts
- Restructurings & Charges
  NEWELL BRANDS INC. announced a restructuring with charges of approximately $75 million to $90 million affecting global organizational realignment (reduce its office roles by approximately 7%).
  - Type: restructuring
  - Charge: approximately $75 million to $90 million
  - Affected area: global organizational realignment
  - Headcount: reduce its office roles by approximately 7%
  source text: The Company estimates that it will incur approximately $75 million to $90 million in restructuring and restructuring-related charges in connection with the Plan, substantially all of which are expected to be incurred by the end of fiscal 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/814453/000119312524003974/0001193125-24-003974-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.