Kimberly Clark to lay off 5,000 employees
By Stribrohorak (Own work) [CC BY-SA 3.0], via Wikimedia Commons Vocabulary: overhead expenses [OH-ver-HED ik-SPENS] (noun) ongoing expenses of a company The increase on their overhead expenses directly affected their income. corporate tax [KAWR-per-it taks] (noun) tax imposed on the net income of a company They rallied against the new corporate tax reform. restructure [ree-STRUHK-cher] (verb) to reorganize a company The bill restructured a complicated system of deductions. upheaval [uhp-HEE-vuhl] (noun) a sudden change The strike caused much political upheaval. par [pahr] (noun) an equality in value or standing Marketers need to promote products to be at par with competitors. Kimberly Clark is laying off 13% of its workforce. The…
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