Kimberly-Clark Corporation To Eliminate Up To 1,300 Jobs

DALLAS — Kimberly-Clark plans to eliminate up to 1,300 jobs as part of restructuring efforts aimed at reducing costs and making its business more efficient.

The consumer products company behind brands such as Kleenex and Huggies has 58,000 workers worldwide, according to its website. That means the cuts would amount to about 2 percent of its workforce.

Kimberly-Clark Corp. (KMB) said Tuesday that it anticipates restructuring costs between $130 million and $160 million, after taxes. The company foresees between $120 million and $140 million in savings by the end of 2017.

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