Reported about 21 hours ago
Procter & Gamble (NYSE:PG) is set to reduce its workforce by 7,000 jobs over the next two years due to difficulties stemming from an uncertain consumer spending environment in the U.S. influenced by tariffs. This job cut represents about 6% of the company's total workforce and is part of a broader restructuring strategy. The company also plans to exit certain product categories and markets.
Source: YAHOO