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Procter & Gamble to slash 7,000 jobs in cost-cutting drive

UNITED STATES, JUN 5 – Procter & Gamble will reduce about 15% of its global non-manufacturing workforce to streamline operations amid tariff-related cost pressures and uneven consumer demand, executives said.

  • Procter & Gamble plans to cut up to 7,000 jobs over the next two years as part of a restructuring program.
  • The company stated that the job cuts will reduce its non-manufacturing workforce by about 15%, affecting around 6% of total jobs.
  • Procter & Gamble's Chief Financial Officer, Andre Schulten, announced the cuts at the Deutsche Bank Consumer Conference in Paris.
  • Procter & Gamble will provide more details about the job cuts in July.
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Procter & Gamble will cut to 7,000 jobs in the next two years as detergent manufacturer Tide and Pampers diapers implements a restructuring program at a time when tariffs are raising costs for US companies and consumers are increasingly concerned about the economy.

·Los Angeles, United States
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Financial Express broke the news in Uttar Pradesh, India on Wednesday, June 4, 2025.
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