A month after the tax bill went into effect, numerous U.S. companies promised to pass their savings to workers by salary increases or bonuses.
Kimberly-Clark, known for producing diapers and facial tissues, however, plans to use their savings to shrink their workforce by as much as 13 percent. The company announced its plans to dismiss 5,000 people and close up to 10 manufacturing firms.
To read the full original article, please click here.