The future of around 1,600 UK jobs has been thrown into doubt after the owner of Andrex toilet tissue and Huggies nappies unveiled a swingeing cost-cutting drive. The future of around 1,600 UK jobs has been thrown into doubt after the owner of Andrex toilet tissue and Huggies nappies unveiled a swingeing cost-cutting drive. The group is eyeing annual cost savings of 500 million US dollars (£357 million) to 550 million US dollars (£393 million) by 2021. He said: “This is the biggest restructuring we have undertaken since the introduction of our Global Business Plan in 2003, and it will make our company leaner, stronger and faster. Sales picked up marginally to 18.3 billion US dollars (£13.1 billion), up from 18.2 billion US dollars (£13 billion), despite coming under pressure from lower selling prices.

Source: Irish Independent January 23, 2018 16:16 UTC