Procter & Gamble said Thursday it volition chopped 7,000 jobs implicit the adjacent 2 years, oregon astir 15% of its non-manufacturing workforce.
In a statement, the user products elephantine said it wants to boost productivity and chopped costs arsenic it competes successful what the institution describes arsenic an "increasingly challenging environment."
Procter & Gamble, whose brands see Tide detergent, Bounty insubstantial towels and Pampers diapers, has a full planetary workforce of 108,000 people.
This is breaking quality and volition beryllium updated.
Aimee Picchi is the subordinate managing exertion for CBS MoneyWatch, wherever she covers concern and idiosyncratic finance. She antecedently worked astatine Bloomberg News and has written for nationalist quality outlets including USA Today and Consumer Reports.
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