Thread regarding Kimberly-Clark layoffs

KC Way

Earnings went up, sales went up - peachy. Yet, cost savings target of $1.5B from 2018 to 2021 -

let's continue the FORCE program (Focused On Reducing Costs Everywhere) and let's up the Global Restructuring Program to trim the supply chain and overall headcount -- hit the overhead groups and back office - this will be massive for anyone with the word 'manager' in the title - they want to save $500M in payroll... Yet, the dividend will go up 3.1%, - now you have your cherry on the top.... and 5000 people without jobs.

Post ID: @OP+RnJhzEL

2 replies (most recent on top)

All Consumer product co.'s are going thru tough times. I work at Colgate. Same Story.

They are laying off people and outsourcing jobs to Mexico and India.

Average Joe is taking hit, while Management at top making more and more $$$$

Post ID: @1laj+RnJhzEL

Do you think that the following groups may be affected? Thoughts: Irving (IT), Neenah (Brand) and Roswell (Logistics)

Post ID: @nxf+RnJhzEL

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