Pampers maker Procter & Gamble to cut up to 7,000 jobs under tariff, consumer uncertainty pressure

Procter Gamble will cut up to jobs or approximately of its global workforce over the next two years as the maker of Tide detergent and Pampers diapers wrestles with tariff-related costs and customers who have grown anxious about the market system The job cuts released at the Deutsche Bank Consumer Conference in Paris on Thursday make up about of its current non-manufacturing workforce revealed Chief Financial Officer Andre Schulten This restructuring undertaking is an essential step toward ensuring our ability to deliver our long-term algorithm over the coming two to three years Schulten declared It does not however remove the near-term challenges that we right now face Procter Gamble based in Cincinnati had approximately employees worldwide in June The cuts are part of a broader restructuring plan Procter Gamble will also end sales of specific of its products in certain markets Procter Gamble noted it will provide more details about that in July Source