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The company is cutting its workforce by 21% from peak 2008 levels and cutting executive cash compensation by 20% as part of its expense reduction plan.
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Kimberly-Clark, which is based in Dallas, reduced costs by more than $40 million in the last quarter, part of $200 million in expense reductions planned for the year.
We have more expense reduction to go.
The president has a deficit reduction plan.
Better customer service and expense reduction are also common objectives.
Q: Your deficit reduction plan is like Alistair Darling's.
I think we've got the right deficit reduction plan.
But legal fees represent the major expense reduction, from $16.5 million to $2.34 million.
The deficit reduction plan will work.
Greenhouse Gas Emissions Reduction Plan.
2) Create a debt reduction plan.
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CEO of Professional Science Editing for Scientists @ prosciediting.com