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 market system The job cuts revealed at the Deutsche Bank Consumer Conference in Paris on Thursday make up about of its current non-manufacturing workforce announced Chief Financial Officer Andre Schulten This restructuring project is an crucial 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 activity Procter Gamble will also end sales of a few of its products in certain markets Procter Gamble reported it will provide more details about that in July Source