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 financial market The job cuts declared at the Deutsche Bank Consumer Conference in Paris on Thursday make up about of its current non-manufacturing workforce declared Chief Financial Officer Andre Schulten This restructuring campaign is an pivotal step toward ensuring our ability to deliver our long-term algorithm over the coming two to three years Schulten noted It does not however remove the near-term challenges that we at present face Procter Gamble based in Cincinnati had approximately employees worldwide in June The cuts are part of a broader restructuring undertaking Procter Gamble will also end sales of particular of its products in certain markets Procter Gamble stated it will provide more details about that in July Source