Procter & Gamble Stock News

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

The Tide detergent and Pampers maker plans global restructuring as US consumers pull back and trade costs rise

Consumer products giant Procter & Gamble (PG) is planning to trim about 15% of its non-manufacturing workforce, about 7,000 jobs, executives said at a Thursday conference.

Procter & Gamble Co. will lay off thousands of workers, the parent company of such household brands as Pampers, Gillette, Crest and Tide said Thursday, becoming the latest consumer-goods giant to cut jobs.

Procter & Gamble plans to cut up to 7,000 office jobs, or 15%, of its non-manufacturing workforce. The cuts will be implemented over the next two years, the company said in a presentation.

Procter & Gamble (P&G), one of the world's largest consumer goods companies, has announced it will eliminate 7,000 jobs over the next two years, accounting for around 6% of its global workforce.

The Procter & Gamble Company (NYSE:PG ) dbAccess Global Consumer Conference Call Transcript June 5, 2025 2:30 AM ET Company Participants Andre Schulten - Chief Financial Officer Shailesh G. Jejurikar - Chief Operating Officer Conference Call Participants Stephen Robert R.

The maker of Gillette razors outlines plans to cut about 15% of its current nonmanufacturing workforce over the next two years.