

Kimberly-Clark, the American multinational company, is shutting down its operations in Nigeria, resulting in the layoff of nearly 90% of its employees. The company will be writing off its $100 million investment in a Lagos manufacturing facility and ceasing the production of Huggies and Kotex products in Nigeria due to challenges like low consumer spending and high costs.


Kimberly-Clark, the American multinational company, is shutting down its operations in Nigeria, resulting in the layoff of nearly 90% of its employees. The company will be writing off its $100 million investment in a Lagos manufacturing facility and ceasing the production of Huggies and Kotex products in Nigeria due to challenges like low consumer spending and high costs.
•Nearly 90% of its employees have been laid off.
•The company will write off its $100 million investment in a Lagos manufacturing facility.
•Production of Huggies and Kotex products in Nigeria will cease.
•Challenges cited include low consumer spending and high costs.
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