Procter & Gamble said it would slash 7,000 jobs over the next two years as part of an effort to cut costs, as weak consumer sentiment and tariff uncertainty weighs on growth.
The maker of household brands including Gillette and Tide revealed the cuts of 15 per cent of its non-manufacturing roles in a presentation for a Paris-based conference on Thursday, as well as plans to divest a number of categories and brands and restructure the organisation.
The company did not specify where the job cuts would be made.
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