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Irving, Texas-based Kimberly-Clark (NYSE: KMB) said the cuts will save $150 milliohn annually. The company recently , a Fenton, Mo.-based company that produces weldingbsafety products. About 750 Kimberly-Clark jobs will be cut in the United States. The layoffs will affect salaried andnonproductiohn jobs; manufacturing facilities are not part of the reductions, Kimberly-Clar said. The company added that it willrecord $140 millionh to $150 million in charges related to the Kimberly-Clark, led by Chairman and Chieft Executive Tom Falk, attributed the cuts to a changingh business environment that has forced the organization to streamline Kimberly-Clark has 53,000 employees worldwide.
Thos e affected by the staffing reductions will leave the companyh in June and a spokesmanfor Kimberly-Clark
Thursday, June 23, 2011
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