The appliance giant based in Benton Harbor confirms it’s cutting administrative jobs across the workforce, The company didn’t say specifically how many jobs are impacted, but did say less than 1 percent of the total workforce.Whirlpool says it’s establishing an organization to standardize IT, human resources and finances and remain based out of Benton Harbor
Tag Archives: Whirlpool
Whirlpool shares fall
Whirlpool shares are falling sharply following the appliance manufacturer’s fourth quarter earnings report, which fell short of analysts’ expectations. The company missed Wall Street’s revenue and profit forecasts, while also issuing lower-than-expected guidance for 2025.
Recall: Glass cooktops may turn on by themselves
Some Whirlpool, KitchenAid, and JennAir brand glass cooktops could be a fire hazard.A recall notice posted by the Consumer Product Safety Commission said certain models can turn on by themselves.
The recall applies to about 26,300 stoves sold in the United States, along with 1,928 sold in Canada and Mexico.
The recalled stoves were manufactured between December 2016 and July 2019.
After 20 years Paolo Lioy leaves Whirlpool – Beko
Having accomplished the mission of integrating Whirlpool’s activities in Italy and Iberia into Beko Europe , Paolo Lioy leaves the company where he worked for over 20 years, the last 6 as CEO in Italy. A long goodbye on Linkedin does not reveal the reasons for his exit, nor his next destination.
Whirlpool Gains With Higher Prices Making Up for Tepid Sales
Whirlpool Corp., the owner of Maytag, rose in early trading Thursday after reporting better than expected earnings, and reaffirming its full-year sales forecast.The results show that things aren’t getting worse for Whirlpool, which also owns the KitchenAid brand. While net sales trailed projections, the company said it expects consumer sentiment to improve once the US presidential election is over.
Net sales were $3.99 billion in the three months ended Sept. 30, Whirlpool reported Wednesday. That compares with an estimate for $4.09 billion, according to the average of projections from Bloomberg. Adjusted earnings per share, however, beat expectations, helped by higher prices during promotional periods
Net sales will be about $16.9 billion this year, the company said. Whirlpool also reaffirmed its guidance for adjusted earnings per share.
Whirlpool shares rose 6.8% as of 9:36 a.m. in New York Thursday. The stock had dropped 18% this year through Wednesday’s close, as the S&P 500 Index gained more than 21%.
Whirlpool Smart Front Load Laundry Pair
The new Whirlpool® Smart Front Load Laundry Pair is a great example of innovation and upgrades born out of direct consumer feedback,” said Morgan LaLonde, Whirlpool Laundry Brand Manager. “We know laundry can feel like a never-ending task, and the last thing busy families want is to rewash a load because it sat for too long or took extra steps to get the clean results they expect. We developed a system that not only lets consumers close the washer door and help keep the machine fresh, but helps ensure clothes stay fresh and cared for as well.”Steam Capabilities: Steam-enhanced cycles and options help prevent wrinkles, refresh clothes and reduce static. So your clothes come out looking their best.
Steam Refresh Cycle: Release wrinkles using the Steam Refresh Cycle to get clothes ready to wear without rewashing.
AI Intelligent Dry: Uses three sensors to detect moisture and temperature to automatically adjust dry time.Achieve the ultimate time-saving duo by pairing the 25 minute Quick Wash cycle on the washer with a 30 minute timed dry* to finish laundry in under one hour. The washer and dryer also both come with Smart Capabilities so you can easily start, pause, track progress and receive cycle notifications right from your smartphone with the Whirlpool® App.Colour options include White, Radiant Silver and matte Volcano Black.
Bosch weighs offer for appliance maker Whirlpool,
German engineering group Robert Bosch is weighing a bid for US appliances manufacturer Whirlpool, (WHR) according to three people familiar with the matter, a move that would boost its position in the household appliances market.
Bosch has been talking to potential advisers about the possibility of making an offer for Whirlpool, which has a market capitalisation of about $4.8 billion, one of the sources said.Bosch weighs offer for appliance maker Whirlpool,potential acquisition could significantly enhance Bosch’s position in the household appliance market, especially as competition with Asian rivals intensifies12. Whirlpool, founded in 1911, produces a wide range of home appliances, including refrigerators, microwaves, washing machines, dryers, and small kitchen appliances. The company has undergone restructuring, folding its European business into a new company controlled by Turkish rival Arcelik and divesting its Middle Eastern and African operations.
While it remains uncertain whether Bosch will make an official offer, the move aligns with Bosch’s strategy to expand its unit that manufactures large home appliances. If successful, the acquisition could reshape the landscape of the industry and potentially impact Benton Harbor, where Whirlpool’s headquarters are located.
Whirlpool ExtraSpace microwave
Experience the versatility of the Whirlpool ExtraSpace microwave oven, which offers the convenience of a conventional oven right on your countertop. This innovative appliance combines the capabilities of an oven, microwave, and air fryer into one, expanding your culinary possibilities beyond simple reheating. Enjoy guilt-free fried treats with the CrispFry feature, which delivers perfectly crispy results without the need for oil, utilizing the synergy of the Crisp plate and fan-assisted cooking. Additionally, this multifunctional device comes with steam cooking and Auto Clean options for added convenience. It’s designed to be accessible to all skill levels, featuring 6TH SENSE technology that intuitively adjusts cooking parameters to match one of the 60 pre-set recipes. The ExtraSpace model boasts a spacious flatbed design, eliminating the turntable and offering up to 30% more usable space compared to a standard 25-liter microwave, making it a smart choice for any kitchen.
The Washing machine project
The Washing Machine Project, a grassroots organization that provides off-grid manual washing machines to people in low-income and displaced communities, announced today it is collaborating with the Whirlpool Foundation to deliver thousands of manual washing machines to communities and households across the world over the next five years. The work is expected to impact an estimated 150,000 people and address a significant barrier to their advancement and quality of life. Recognized by The Washing Machine Project and the Whirlpool Foundation as the ‘Global Washing Divide,’ this collaboration will focus on the estimated 60% of the world’s population–or 5 billion people–that rely on washing clothes by hand.We are honored to partner with the Whirlpool Foundation, whose legacy as a pioneer in home appliance innovation is only superseded by their passion to foster community development and improve life at home for people around the world,” said Navjot Sawhney, founder and CEO of The Washing Machine Project. “This collaboration is a testament to what can be achieved when compassion meets technology. Together we are set to revolutionize laundry practices globally, paving the way for a more equitable and prosperous future for hundreds of thousands of people Divya Washing Machine Impact
At the initiative’s core is the Divya Washing Machine, the world’s first flat packable manual washing machine that allows users to wash their clothes without electricity or a connected water source. Its simple design reduces the need for prolonged physical effort usually required to hand wash clothes, replaced instead with a simple manual machine that can be used frequently and safely, saving the user up to 76% of the time compared to hand washing clothes.
As a portable unit, built with commercial-grade components and stainless-steel construction, the machine is easier to be fixed remotely and has the potential to be recycled at the end of its life.
Whirlpool job cuts
Whirlpool Corp., the owner of the Maytag and Amana appliance brands, is cutting about 1,000 salaried positions worldwide to reduce costs as slow U.S. home sales limit demand.
The company has completed its first wave of layoffs of office staff and is planning to start another soon, Chief Financial Officer Jim Peters said in an interview. Earlier this year, the company said it was cutting jobs without saying how many. Whirlpool employed 59,000 workers worldwide as of the end of 2023.Shares of Whirlpool fell to their lowest price in more than four years
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