Huggies To Lay Off 5,500 Workers
Jan. 24, 2018
Americans are having fewer babies, and diaper makers are feeling the pinch.
Kimberly-Clark is the maker of popular household items like Kleenex and Huggies diapers. The layoffs represent a reduction of 12 to 13 percent of the Dallas company's total workforce. The staff reductions will impact each major company geography, the company said.
The job cuts come as the maker of Huggies and Kleenex - like other consumer-products companies - is seeing a decline in demand for some core products as US birthrates fall.
According to the National Center for Health Statistics, the general fertility rate fell 11 percent between 2007 and 2016.
Revenue has been declining over the last five years for the manufacturing giant. The company reported 2017 revenue to be at $18.3 billion. Here's how that compared to the previous four years.
The cost savings measures were announced as Kimberly-Clark released its fourth quarter earnings which saw revenue rise 1 percent to $4.6 billion and adjusted earnings per share rise 8.3 percent to $1.57.
The company also announced it would increase its quarterly dividend for 2018 by 3.1 percent.
Wi-fi And Cellphones
Increase Risk Of A Miscarriage
Jan. 09, 2018
Wi-fi and cellphones increase pregnant women's risk of suffering a miscarriage by nearly 50 percent, new research reveals.
Magnetic field (MF) non-ionizing radiation, which is also given off by power lines and cell towers, has been found in past studies to put a stress on the body, leading to genetic damage that can cause pregnant women to miscarry.
Those exposed to the highest levels of MF radiation are 48 percent more likely to lose their baby than women exposed to the lowest amounts, the US study found.
MF radiation, which everyone is exposed to at some extent, has previously been linked to cancer and has been recommended by the World Health Organization to be studied for its effect on pregnancies.
Miscarriages affect between 15 and 20 percent of pregnancies in the US. They are defined as losing babies less than 20 weeks into their gestation.
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