The logo for Procter & Gamble Co. is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., June 27, 2018. REUTERS
June 5 (Reuters) – Procter & Gamble (PG.N), said on Thursday it would cut 7,000 jobs, or about 15% of its non-manufacturing roles, globally over the next two years as part of its non-core restructuring program.
P&G also plans to exit of some categories, brands and product forms in individual markets, executives said at a Deutsche Bank conference in Paris, adding that the exits could also likely include some brand divestitures.
The company had more than 100,000 employees as of June 30, 2024.
Reporting by Rishabh Jaiswal in Bengaluru; Editing by Janane Venkatraman and Rashmi Aich