Home / Articles / Andrex and Kleenex maker to cut 5,500 jobs

Andrex and Kleenex maker to cut 5,500 jobs

The manufacturer of Huggies nappies, Andrex toilet paper and Kleenex tissues has refused to rule out job losses among its UK workforce as it seeks to cut up to 5,500 roles worldwide.

Texas-based Kimberly Clark, which employs around 1,600 staff in this country, said the job losses – up to 13% of its global workforce – were part of a massive cost-saving programme across all its operations.

The company said it had earmarked 10 manufacturing sites for closure under the shake-up, aimed at making additional annual savings of up to $550m – almost £400m – by 2021.
It did not identify the locations affected in the announcement – released alongside its annual results for 2017, which showed, the company said, pressure on profits from stiff competition and growing costs.

Image: Kimberly-Clark’s personal care brands include Kleenex, Andrex and Huggies
Operating profits were 1% down to $3.3bn despite sales growing by $100m to $18.3bn.

The personal care firm has three UK manufacturing sites in Barrow-in-Furness, Flint and Northfleet, as well as offices in Reigate, West Malling and Brighton.

More from Business

Chairman and chief executive Thomas Falk said: “This is the biggest restructuring we have undertaken since theintroduction of our global business plan in 2003, and it will make our company leaner, stronger and faster.
“The changes we are making will improve our underlying profitability, provide more flexibility to invest in growth opportunities and help us compete even more effectively.”

Source: Sky

About Business Ideas UK

My name is Joel Bissitt. I have been an entrepreneur for 24 years and have run many small businesses across various sectors. For the last 10 years I have worked mainly within online media, franchising and small business start-ups.

Check Also

Another 40 Poundworld stores to close

Forty more Poundworld stores are to close later this month, leading to the loss …

Free Franchise Guide
close slider

Free Franchise Guide

Interested in buying a franchise? The our FREE Franchise Guide is a must! The guide contains lots of information to help you decide if franchising is right for you.

Yes, I'd like to join the Franchise UK mailing list.