Kimberly Clark to cut 10% of workforce

Wednesday, August 31, 2005

IRVING, Texas -- Kimberly-Clark plans to cut 6,000 jobs and sell or close 20 manufacturing facilities by the end of 2008. Meanwhile, the manufacturer of Depends and Poise brands posted double-digit sales growth in the last quarter. The company said it plans to dedicate more resources to its incontinence and healthcare business.