Windparadox
Gold Member
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"Kimberly-Clark, the maker of Huggies diapers and Kleenex tissues, announced Tuesday it will cut about 13 percent of its workforce globally, or at least 5,000 jobs, in a bid to reduce costs as sales wane.The company plans to shutter or sell 10 of its 91 production factories worldwide. In all, it is anticipating more than $2 billion in cost cuts by 2021. About $1.5 billion will come from reducing costs within its business. An added $500 million to $550 million will come from the efforts to streamline its manufacturing supply chain and overhead."- Source
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"Kimberly-Clark, the maker of Huggies diapers and Kleenex tissues, announced Tuesday it will cut about 13 percent of its workforce globally, or at least 5,000 jobs, in a bid to reduce costs as sales wane.The company plans to shutter or sell 10 of its 91 production factories worldwide. In all, it is anticipating more than $2 billion in cost cuts by 2021. About $1.5 billion will come from reducing costs within its business. An added $500 million to $550 million will come from the efforts to streamline its manufacturing supply chain and overhead."- Source
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Cynically, this must be part of trumps plan for America. Considering all the jobs he supposedly saved at Carrier are now gone, it makes sense to assume this will be happening to all industries, under the trump regime. All labor intensive companies will experience the same thing. Loss of jobs.