Yet another 'unintended consequence"of the tax cut [scam]

[nat4900]

Nat can't understand that. His two brain cells are under severe stress.

Last year, its profit was $2.28 billion or $6.40 a share. For 2018,the corporation is shooting for more, at least $6.90 a share

 

[CowboyTed]

This has already been discussed a few weeks back.
They are closing the plants due to lower birthrates and this of course equates to fewer diapers being sold.


As US birthrates drop, Kimberly-Clark feels the pinch

Americans are having fewer babies, and diaper makers are feeling the pinch.

Kimberly-Clark said Tuesday it will cut as many as 5,500 jobs, or 13 percent of its workforce, in an attempt to lower costs.

The job cuts come as the maker of Huggies and Kleenex — like other consumer-products companies — is seeing a decline in demand for some core products as U.S. birthrates fall.

According to the National Center for Health Statistics, the general fertility rate fell 11 percent between 2007 and 2016. Only provisional data is available for 2017, but it tells the same story: Women under 30 are having fewer children and aren't in the market for diapers, tissue and other products that new parents buy in bulk.

As US birthrates drop, Kimberly-Clark feels the pinch

Birthrates are dropping because the lack of supports for having a child. US is the only first world country with no paid maternity leave...

When it comes to dollars on the table Europe is far more pro family than US... Other things to support the family is Parental Leave, Subsidised childcare, universal free child healthcare....

 

[BluesLegend]

Okay I read the linked article, the OP is a big fat liar why am I surprised. Liberals lie, blatantly here OP these are for you

 

[Eaglewings]

Profitable companies are very good for the economy.

Firing 5500 workers certainly "helps" the economy, doesn't it....you eternal moron.....

This has already been discussed a few weeks back.
They are closing the plants due to lower birthrates and this of course equates to fewer diapers being sold.


As US birthrates drop, Kimberly-Clark feels the pinch

Americans are having fewer babies, and diaper makers are feeling the pinch.

Kimberly-Clark said Tuesday it will cut as many as 5,500 jobs, or 13 percent of its workforce, in an attempt to lower costs.

The job cuts come as the maker of Huggies and Kleenex — like other consumer-products companies — is seeing a decline in demand for some core products as U.S. birthrates fall.

According to the National Center for Health Statistics, the general fertility rate fell 11 percent between 2007 and 2016. Only provisional data is available for 2017, but it tells the same story: Women under 30 are having fewer children and aren't in the market for diapers, tissue and other products that new parents buy in bulk.

As US birthrates drop, Kimberly-Clark feels the pinch

Americans still use the other paper products..so fail.

.

 

[Eaglewings]

This has already been discussed a few weeks back.
They are closing the plants due to lower birthrates and this of course equates to fewer diapers being sold.


As US birthrates drop, Kimberly-Clark feels the pinch

Americans are having fewer babies, and diaper makers are feeling the pinch.

Kimberly-Clark said Tuesday it will cut as many as 5,500 jobs, or 13 percent of its workforce, in an attempt to lower costs.

The job cuts come as the maker of Huggies and Kleenex — like other consumer-products companies — is seeing a decline in demand for some core products as U.S. birthrates fall.

According to the National Center for Health Statistics, the general fertility rate fell 11 percent between 2007 and 2016. Only provisional data is available for 2017, but it tells the same story: Women under 30 are having fewer children and aren't in the market for diapers, tissue and other products that new parents buy in bulk.

As US birthrates drop, Kimberly-Clark feels the pinch

Birthrates are dropping because the lack of supports for having a child. US is the only first world country with no paid maternity leave...

When it comes to dollars on the table Europe is far more pro family than US... Other things to support the family is Parental Leave, Subsidised childcare, universal free child healthcare....

Did you know that the 1st congress women just had a baby without maternity leave?

.

 

[BluesLegend]

Dumb ass lying liberals are telling big fat whopper lies again. Lying by omission, twisting a story to fit the liberal narrative. Here are some points from the article the OP intentionally left out, I think we all know why.

1. The restructuring was going to happen regardless of the tax law's passage.

2. The reason is increased competition and lower birth rates than it expected in the U.S. and South Korea, which impacts diaper sales.

3. Kimberly-Clark has a long history of supporting American workers and manufacturing. The restructuring is required to retain its leadership in a rapidly evolving global marketplace by streamlining its operations and reducing costs.

4. Kimberly-Clark remains committed to American manufacturing and American workers with plans of significant capital investments into its ongoing U.S. operations.

5. Kimberly-Clark will continue to employ more than 12,000 workers in the U.S.

 

[postman]

Using tax cuts to help pay severance..........
You think without those tax cuts they'd keep unprofitable factories open?

You're dumber than you sound.

U.S. postal strike of 1970 - Wikipedia

The U.S. postal strike of 1970 was an eight-day strike by federal postal workers in March 1970. The strike began in New York City and spread to some other cities in the following two weeks. This strike against the federal government, regarded as illegal, was the largest wildcat strike in U.S. history.[1]

President Richard Nixon called out the United States armed forces and the National Guard in an attempt to distribute the mail and break the strike.

More than 210,000 United States Post Office Department workers were eventually involved across the nation

Conclusion
The strike ended after eight days with not a single worker being fired, as the Nixon administration continued to negotiate with postal union leaders

Ronald Reagan fired the striking PATCO (air traffic controllers) workers. But with hundreds of thousands of postal workers on strike, the cost of paying their CSRS (retirement) vestings would have been in the billions of dollars. In short Nixon couldn't afford to pay the cost of severance.

 

[nat4900]

How the **** does a company whose profits are in the BILLIONS, hide behind the mantra that 5500 had to be laid off because of lack of profits???

...........AND, Trump cult members, swallow.......

 

[sartre play]

Tax bill to create jobs.
toys-r-us close 180 stores
Sears close 63
k mart close 45
Macys close 68
Walmart close 63 Sams
Pfizer 300 jobs
AT&T 4000 jobs
K Clark 5000 jobs
Harley Davidson 800 jobs.
Am not putting blame on any one, just have concern for how things are going.

 

[BluesLegend]

This has already been discussed a few weeks back.
They are closing the plants due to lower birthrates and this of course equates to fewer diapers being sold.


As US birthrates drop, Kimberly-Clark feels the pinch

Americans are having fewer babies, and diaper makers are feeling the pinch.

Kimberly-Clark said Tuesday it will cut as many as 5,500 jobs, or 13 percent of its workforce, in an attempt to lower costs.

The job cuts come as the maker of Huggies and Kleenex — like other consumer-products companies — is seeing a decline in demand for some core products as U.S. birthrates fall.

According to the National Center for Health Statistics, the general fertility rate fell 11 percent between 2007 and 2016. Only provisional data is available for 2017, but it tells the same story: Women under 30 are having fewer children and aren't in the market for diapers, tissue and other products that new parents buy in bulk.

As US birthrates drop, Kimberly-Clark feels the pinch

Birthrates are dropping because the lack of supports for having a child. US is the only first world country with no paid maternity leave...

When it comes to dollars on the table Europe is far more pro family than US... Other things to support the family is Parental Leave, Subsidised childcare, universal free child healthcare....

Who's supposed to pay for all that crap?

 

[postman]

How the **** does a company whose profits are in the BILLIONS, hide behind the mantra that 5500 had to be laid off because of lack of profits???

Greed. They see a shitload of money coming their way, and they want even more.

 

[BluesLegend]

How the **** does a company whose profits are in the BILLIONS, hide behind the mantra that 5500 had to be laid off because of lack of profits???

...........AND, Trump cult members, swallow.......

^^^ according to you they should go broke, just ignore the changing market and go belly up, let China take over and lay off all the US employees. There is no better representative for liberals than people like you.

 

[BluesLegend]

How the **** does a company whose profits are in the BILLIONS, hide behind the mantra that 5500 had to be laid off because of lack of profits???

Greed. They see a shitload of money coming their way, and they want even more.

You realize middle class Americans have trillions of dollars invested in these corporations right, ooops you don't sorry to burst your bubble.

 

[nat4900]

Included in the tax bill, there is THIS provision....

A company moving to another part of the U.S. or on foreign soil (like China, Vietnam, Philippines, India, etc.)

CAN USE THE MOVING COSTS AS TAX DEDUCTIBLE EXPENSES.

However, a worker whose company moves to another state, CANNOT claim the moving expense as a tax deductible one..

FAIRNESS TO THE CONGLOMERATES......???

 

[nat4900]

You realize middle class Americans have trillions of dollars invested in these corporations right, ooops you don't sorry to burst your bubble.

Hey, fuckhead.........do you know the percentage of Americans who invest in the market???

Do you know the total percentage of FOREIGNERS who are getting wealthy from investing in OUR stock market???

This is too complex for your limited brain cells....find another thread, you idiot.....LOL

 

[postman]

You realize middle class Americans have trillions of dollars invested in these corporations right, ooops you don't sorry to burst your bubble.

Most middle class people don't own stock.

As of 2013, the top 1 percent of households by wealth owned nearly 38 percent of all stock shares, according to research by New York University economist Edward Wolff.

In 2015, 55 percent of Americans had money invested in the stock market.
when combined with indirect ownership in the form of mutual funds (20 percent), pension funds (16 percent), and insurance policy holdings (7 percent).

 

[Eaglewings]

Dumb ass lying liberals are telling big fat whopper lies again. Lying by omission, twisting a story to fit the liberal narrative. Here are some points from the article the OP intentionally left out, I think we all know why.

1. The restructuring was going to happen regardless of the tax law's passage.

2. The reason is increased competition and lower birth rates than it expected in the U.S. and South Korea, which impacts diaper sales.

3. Kimberly-Clark has a long history of supporting American workers and manufacturing. The restructuring is required to retain its leadership in a rapidly evolving global marketplace by streamlining its operations and reducing costs.

4. Kimberly-Clark remains committed to American manufacturing and American workers with plans of significant capital investments into its ongoing U.S. operations.

5. Kimberly-Clark will continue to employ more than 12,000 workers in the U.S.

"Quoted by Kimberly-Clark"

Kimberly-Clark, maker of Kleenex and Huggies, says tax bill helps fund plan that includes more than 5,000
layoffs

Millions still use the other paper products, especially the baby boomer so that less birth rate excuse is bogus.

.

 

[BluesLegend]

You realize middle class Americans have trillions of dollars invested in these corporations right, ooops you don't sorry to burst your bubble.

Hey, fuckhead.........do you know the percentage of Americans who invest in the market???

Do you know the total percentage of FOREIGNERS who are getting wealthy from investing in OUR stock market???

This is too complex for your limited brain cells....find another thread, you idiot.....LOL

What part of trillions of dollars invested by middle class Americans don't you understand. Public and private union pension funds, teachers pension funds, the corporate tax cut benefited them directly it was a huge windfall for the middle class. Sorry if that destroys your lying puke liberal talking points, tissue?

 

[Wyatt earp]

One has to wonder if the good state of WI would, once again, help Trump into the oval office.....

Kimberly-Clark, maker of paper-based products such as Kleenex, Viva paper towels, Cottonelle bathroom tissue and Huggies disposable diapers, announced earlier this month that the corporation would use its tax cut windfall to pay the costs of closing 10 factories and dumping as many as 5,500 workers.

It wasn’t that Kimberly-Clark was insolvent. Just the opposite. Last year, its profit was $2.28 billion or $6.40 a share. For 2018,the corporation is shooting for more, at least $6.90 a share, by “reorganizing,” that is, [an euphemistic term for] ditching factories and workers.

Kimberly-Clark closing two Wisconsin plants, cutting 600 jobs

Did you bother to read your own link?

The problems are abortions world wide , kind of hard to sell diapers to baby's that are dead


No?



.

 

[BluesLegend]

You realize middle class Americans have trillions of dollars invested in these corporations right, ooops you don't sorry to burst your bubble.

Most middle class people don't own stock.

As of 2013, the top 1 percent of households by wealth owned nearly 38 percent of all stock shares, according to research by New York University economist Edward Wolff.

In 2015, 55 percent of Americans had money invested in the stock market.
when combined with indirect ownership in the form of mutual funds (20 percent), pension funds (16 percent), and insurance policy holdings (7 percent).

Liar, they have TRILLIONS of dollars invested in the market shit for brains. TRILLIONS do you understand this number or did you flunk math?