Procter & Gamble plans to cut 7,000 jobs in response to uncertain spending environment

The Procter & Gamble Company (NYSE:PG) is expected to cut 7,000 jobs over the next two years in response to challenges from the uncertain spending environment in the United States due to tariffs. This represents around 6% of its total workforce and is part of a two-year restructuring program. The company also plans to exit some product categories and brands, with anticipated divestitures in certain markets. Procter & Gamble is a leading global consumer company operating through five main segments, including Beauty, Grooming, Health Care, and Fabric and Home Care.

Read more at Yahoo Finance: The Procter & Gamble Company (PG) Is Expected to Cut 7,000 Jobs Over the Next 2 Years