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Source: Photo by Paulo Fridman/Corbis via Getty Images

Major Company To Use Recent GOP Tax Cuts To Help Them Lay People Off

By Jonna Ivin-Patton

 Kimberly-Clark, the makers of Kleenex, Huggies and Kotex is using the new Republican tax cut plan to up profits and cut jobs.  Over 5000 jobs will be eliminated even though year end profits amounted to over $18 billion. The company plans to close down 10 manufacturing plants and reduce employment by 13 percent.  

 Chairman and CEO Thomas J. Falk, who made a 58 million dollars in 5 years said Kimberly Clark:

 "returned $2.3 billion to shareholders through dividends and share repurchases" 

But that the layoffs,

" will make our company leaner, stronger and faster."