Workflow
Procter & Gamble slashing up to 7,000 jobs amid restructuring effort
PGP&G(PG) Fox Business·2025-06-05 17:51

Procter & Gamble on Thursday said that it will cut up to 7,000 jobs, or 15% of its non-manufacturing workforce, over the next two years as part of a broader restructuring effort. "As always, employee separations will be managed with support and respect, and in line with our principles and values and local laws," P&G said. "Specific impacts by region or site are not available at this time." The two-year restructuring plan comes as consumer goods giants P&G and Unilever brace for muted demand in 2025, stemmin ...