USA: P&G to cut global workforce says WSJ
Procter & Gamble is considering cutting between 10 and 20% of its 110,000-staff global work force, the online edition of the Wall Street Journal reported on Wednesday. The paper said an internal company task force was examining Procter & Gamble's operating costs, looking for structural changes as well as head-count reductions. The consumer products group has not commented on the report, increasing speculation as to the motives behind the potential job losses.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-food gives you the widest food market coverage.
Paid just-food members have unlimited access to all our exclusive content - including 17 years of archives.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Dean Best, editor of just-food
- US food next wave on display at Winter Fancy Food
- How General Mills plans to grow - CAGNY
- Comment: Meal kits in US - don't believe the hype
- Does Kraft Heinz want to swallow Unilever whole?
- Wessanen eyes growth in "resurgent" organic market
- Unilever launches operational review
- Kerry operating earnings strengthen on slow sales
- Glanbia focuses on nutrition with Irish dairy spin
- Kerry's Scanlon to replace McCarthy as CEO
- Mondelez launches savoury snacks brand Vea