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Scented-wax giant Scentsy announces layoffs at Meridian headquarters [Yahoo! Finance]

Gannett Co., Inc. (GCI)  More Company Research Source: Yahoo! Finance
Last gannett co., inc. earnings: 11/4 06:55 am Check Earnings Report
US:NYSE Investor Relations: investors.gannett.com
The wickless-candle and scented-wax company said in a news release that about 11% of its jobs were eliminated at its Meridian headquarters campus. It did not say how many jobs that meant. The layoffs come nearly a year after Scentsy eliminated 116 positions in April 2025. Before those cuts , the company told the Idaho Statesman that it had just over 1,000 employees, nearly a 40% drop from its peak in 2021. Scentsy CEO Dan Orchard said the layoffs were necessary to ensure the company's long-term success. “We are deeply grateful for the contributions of every impacted employee and are committed to supporting them through this transition,” Orchard said Thursday in the release. The company said in the release that affected employees were offered compensation packages based on years of service. Scentsy was the fifth-largest Meridian employer in 2024, according to the Idaho Department of Labor. The consumer-products giant moved into its headquarters off Eagle Road north of Inters [Read more]
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Stockreport

Scented-wax giant Scentsy announces layoffs at Meridian headquarters [Yahoo! Finance]

Gannett Co., Inc.  (GCI) 
More Company Research Source: Yahoo! Finance
Last gannett co., inc. earnings: 11/4 06:55 am Check Earnings Report
US:NYSE Investor Relations: investors.gannett.com
The wickless-candle and scented-wax company said in a news release that about 11% of its jobs were eliminated at its Meridian headquarters campus. It did not say how many jobs that meant. The layoffs come nearly a year after Scentsy eliminated 116 positions in April 2025. Before those cuts , the company told the Idaho Statesman that it had just over 1,000 employees, nearly a 40% drop from its peak in 2021. Scentsy CEO Dan Orchard said the layoffs were necessary to ensure the company's long-term success. “We are deeply grateful for the contributions of every impacted employee and are committed to supporting them through this transition,” Orchard said Thursday in the release. The company said in the release that affected employees were offered compensation packages based on years of service. Scentsy was the fifth-largest Meridian employer in 2024, according to the Idaho Department of Labor. The consumer-products giant moved into its headquarters off Eagle Road north of Inters [Read more]
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GCI
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Price Change %
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%
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Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS