Pakistan, June 5 -- Procter & Gamble (P&G), the company behind popular brands like Tide and Pampers, has announced plans to cut up to 7,000 jobs worldwide over the next two years. This major move will affect nearly 6% of its total global workforce, mainly targeting non-manufacturing roles.
The decision comes as P&G faces growing challenges due to ongoing tariff issues and falling consumer confidence. At a recent conference in Paris, Chief Financial Officer Andre Schulten said the restructuring is crucial for the company's future growth. He emphasized that while the short-term impact may be tough, the changes are necessary to stay on track with long-term goals.
According to Reuters, the planned job cuts will affect around 15% of P&G's no...
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