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ffr

(23,218 posts)
Thu Jun 5, 2025, 12:18 PM Jun 5

Procter & Gamble to cut 7,000 jobs, exit brands as consumer uncertainty weighs [View all]

Source: Reuters

Procter & Gamble (PG.N), will cut 7,000 jobs over the next two years, as the Tide detergent maker contends with an uncertain spending environment, fueled in part by U.S. tariffs that have roiled numerous consumer companies.

The job cuts amount to about 6% of its workforce, which P&G characterized as part of its ongoing strategy.

Notably, CFO Andre Schulten and operations head Shailesh Jejurikar said at the conference that the geopolitical environment was "unpredictable" and that consumers were facing "greater uncertainty."

President Donald Trump's sweeping levies on trading partners have shaken global markets and sparked concerns of a recession in the United States.

Read more: https://www.reuters.com/business/procter-gamble-cut-7000-jobs-over-two-years-2025-06-05/



America, this is what you voted for when you chose to discontinue Biden Harris Bidenomics!
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If over two years that is about normal attrition without replacement hires. Maybe if they charged less... dutch777 Jun 5 #1
They have been restructuring the corporation for quite some time now. patphil Jun 5 #2
That will probably hit Cincinnati's economy hard Bayard Jun 5 #3
I'm sure the vast majority of the Tide workforce is republiCON wolfie001 Jun 5 #9
Tide caused massive eutrophication when it was introduced dedl67 Jun 5 #20
Of course they've been poisoning the US people since the 1950s. En masse. wolfie001 Jun 5 #21
I had to look up, "eutrophication," Bayard Jun 5 #22
Sucks so bad yankee87 Jun 5 #14
Have never bought Tide Puppyjive Jun 5 #4
THIS!!!! wolfie001 Jun 5 #7
My family has always used Tide. FWIW, years ago, my mother read in Consumer Reports MIButterfly Jun 5 #11
I use the Kirkland pods Puppyjive Jun 5 #12
I'll have to give them a try. Thanks, Puppyjive! MIButterfly Jun 5 #13
you're welcome! Puppyjive Jun 5 #15
I use them also and see no difference kimbutgar Jun 5 #17
So much winning. yardwork Jun 5 #5
Even though P&G looks like a big marketing company mdbl Jun 5 #6
Wonder if employees who stay will be saddled with extra duties Auggie Jun 5 #8
$ 84,000,000,000 in sales but they want more ! Nigrum Cattus Jun 5 #10
Hey, they have shareholders and leadership people who need MORE. Biophilic Jun 5 #18
Corporate and factory employees get laid off ... the Executive Board gets their annual bonuses ... yippee! FakeNoose Jun 5 #19
Make America Grovel Again markodochartaigh Jun 5 #16
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