Procter & Gamble Plans to Lay Off 7,000 Employees in Next Two Years

Reported about 24 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

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