Procter & Gamble to Cut 7,000 Jobs Amid Tariff-Driven Uncertainty
TL;DR Summary
Procter & Gamble announced it will cut 7,000 non-manufacturing jobs, about 15% of that workforce, over the next two years due to tariffs implemented by President Trump, and will also reduce product offerings in certain markets, aiming to maintain growth and value creation despite economic challenges.
Topics:top-news#business#corporate-restructuring#cost-cutting#procter-and-gamble#tariffs#workforce-reduction
- Procter & Gamble cutting thousands of jobs in wake of Trump tariffs The Hill
- Procter & Gamble slashing up to 7,000 jobs amid restructuring effort Fox Business
- Procter & Gamble to cut 7,000 jobs, exit brands as consumer uncertainty weighs Reuters
- Pampers diaper maker will slash 7,000 jobs as tariffs fuel uncertainty CNN
- Procter & Gamble sends stern warning to employees as sales slip TheStreet
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