Hain Celestial, the company behind major brands, including Yves Veggie Cuisine, Live Clean, and Earth’s Best, is reportedly planning to ramp up its restructuring — “disappointed” with its fourth-quarter performance.
“Our turnaround strategy is anchored on five actions to win: aggressively streamlining our portfolio, accelerating innovation, implementing pricing along with revenue growth management, driving productivity and working capital efficiency, and enhancing digital capabilities,” interim CEO Alison Lewis said in the company’s earnings release.
“We are swiftly taking action to stabilize our business while delivering cash and repaying debt, strengthening our financial health.”
The exact number of jobs affected by the restructuring remains unclear.
According to LinkedIn, Hain Celestial currently employs more than 150 Canadians.
If you’re fired or let go from Hain Celestial, understanding your legal rights is crucial.
Non-unionized employees in Canada are entitled to severance pay. This includes individuals working full-time, part-time, or hourly in Ontario, Alberta, and British Columbia (BC).
The amount you’re owed is based on a variety of factors, including your role, tenure, age, and ability to find similar work.
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