Procter & Gamble, the world’s largest consumer goods company, on June 5 announced a plan to eliminate 7,000 jobs and exit select brands and product categories as it navigates a challenging global environment marked by consumer uncertainty and volatile trade conditions, according to a company news release.
The Cincinnati-based maker of Tide, Pampers, and Old Spice will carry out the job reductions over the next two fiscal years, targeting roughly 15 percent of its non-manufacturing workforce, or about 6 percent of its total global headcount, according to the company.
