
Cost cuts tighten: P&G plans to cut 7,000 jobs globally; tariff burden, consumer anxiety drive restructuring
With demand softening and input costs rising, the consumer goods giant looks to streamline operations and exit select markets in the coming years. Procter & Gamble plans to lay off as many as 7,000 employees — about 6% of its global workforce — over the next two years as part of a sweeping cost-cutting drive…