Kimberly-Clark, the maker of Huggies diapers and Kleenex tissues, on Tuesday announced it will be slashing about 13 percent of its workforce globally, or at least 5,000 jobs, in a bid to cut costs as sales wane.
Kimberly-Clark to Cut 5000 Jobs, Close 10 Factories
Wall Street Journal
Kimberly-Clark Plans to Cut 5000 to 5500 Jobs
U.S. News & World Report