PHL17(The Hill) - Procter & Gamble said Thursday it would reduce its workforce by 7,000 non-manufacturing roles in the wake of President Trump’s tariffs.
Company leaders first announced the cuts, which amount to roughly 17% of its total workforce, during the Deutsche Bank Consumer Conference in Paris before publishing a release.
“Plans will be implemented over the next two fiscal years, allowing us appropriately sequence the delivery of important innovation and operational projects,” Procter & Gamble wrote.
“As we do this, our top priority remains delivering balanced growth and value creation to delight consumers, customers, employees, society and shareowners alike.”
They did not provide information on which region or sites that would be impacted. Amid the changes, the company also said it