Kimberly-Clark Corp. announced that it plans to cut 1,600 jobs, or 3 percent of its global work force, as it tries to adapt to a tough economy.
The Irving-based household products maker employs 53,000 individuals worldwide. The cuts will be completed by the end of the year.
"These actions, while difficult, are necessary to help us emerge from this demanding economic environment as a stronger company," said Tom Falk, Kimberly-Clark Chairman and CEO. "Through these changes we will be a more effective organization, with faster decision-making helping to drive efficiency throughout all aspects of our operations. In addition, by increasing our cash generation, we will be in a better position to take advantage of future growth and innovation opportunities."
Reductions in the workforce will come from all regions and business segments of Kimberly-Clark's global operations and will primarily affect salaried and non-production jobs. The company does not plan to close any of its manufacturing facilities as part of these actions.
