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Since 1983, it has been known mainly because of its annual report and rankings that influence in college and grad school, lies in most fields and subjects. U.s. News World Report is and academic institution is the oldest and most famous in America, [5] and covering the areas of business, law, medicine, engineering, social sciences, education and public affairs, in addition to many other areas. Print Edition] has consistently included in the list of national bestsellers, coupled with online subscriptions. Additional rankings published by U.s. News World Report and includes hospitals,News Today: Here's Proof the GOP Tax Cut Is Already Wreaking Havoc on American Workers, medical and specialty cars.
News Today: Here's Proof the GOP Tax Cut Is Already Wreaking Havoc on American Workers-News of the United States was founded in 1933 by David Lawrence (1888-1973), which also started the World Report in 1946. The two magazines are covering national and international news separately, but Lawrence combines them into news reports of U.S. in World and 1948 [1] and Later sold the magazine to its employees. Historically, this magazine tends to be a bit more conservative than the two main competitors, Time and Newsweek, and focus more on the story of economic, health, and education. It's also distancing news, entertainment and sports celebrities. [2] an important milestone in the history of the beginning of the magazine is including the introduction of the "Washington Whispers" column in 1934 and the column "News You Can Use" in 1952. [3] [4] in 1958, the circulation of the weekly magazine passed one million and two million in 1973. (wikipedia) News Today: Here's Proof the GOP Tax Cut Is Already Wreaking Havoc on American Workers
The maker of Kleenex and Huggies will lay off thousands of employees.
Though their products appear at every stage of life from infancy to old age, thousands of workers at Kimberly-Clark will see their livelihoods cut. Kimberly-Clark, the maker of brands like Huggies, Kotex, Kleenex and Depend, revealed its restructuring plans on January 23, and shamelessly explained the mass job cuts were made possible because of the GOP tax cut.
As part of its 2018 "Global Restructuring Program," between 5,000-5,500 people will lose their jobs, which a Kimberly-Clark statement claims is “12 to 13 percent of current headcount.” According to its website, Kimberly-Clark has 42,000 employees across 35 countries. The New York Times reported that the lay-offs will have a global impact.
Kimberly-Clark’s CFO Maria Henry said during a call Tuesday that the GOP tax cut bill's “cash flow benefits” to the company will assist in paying for the layoffs and that “tax savings would also be used to make capital investments and to ‘allocate significant capital to shareholders,’” according to the Times.
This was echoed by journalist Nathan Bomey.
The CFO of Kimberly-Clark just said on a conference call that the tax cuts "provides us the flexibility" to pay for the "restructuring" plan. In other words, the tax cut is funding the job cuts.
While the need for the restructuring may be due to market forces demanding competitive lower prices, and the societal forces of a decreased birth rate in some countries (and thus less demand for some of Kimberly-Clark’s products), the job losses are uniquely tied to the recent GOP tax bill, which provided cuts for corporations.
California Democratic Representative Ted Lieu also commented on the layoffs via Twitter.
I'm thinking that the 5,000 to 5,500 people losing their jobs at Kimberly-Clark are not too happy about the massive tax breaks to corporations and the ultra wealthy passed by the #GOP. https://t.co/jfjpC5DuD1
Kimberly-Clark also plans to shutter or sell 10 manufacturing plants as part of the restructuring, in an attempt to “generate annual cost savings of $500 to $550 million by the end of 2021.” The restructuring announcement comes in combination with the company's FORCE program (Focused On Reducing Costs Everywhere).
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