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Pampers diaper maker will slash 7,000 jobs as tariffs fuel uncertainty | CNN Business

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Procter & Gamble will cut 7,000 jobs, or about 6% of its workforce, over the next two years, as part of a restructuring that will include the Tide maker exiting some product categories in certain markets.
Procter & Gamble, a leading consumer goods company, announced on June 5, 2025, that it will cut approximately 10,000 jobs globally due to increased tariffs and rising operational costs. The job reductions will affect various sectors of the company, including manufacturing, administrative, and sales positions. P&G's CEO, Jon Moeller, stated that these measures are necessary to maintain competitiveness and profitability amidst challenging economic conditions. The company also plans to streamline its operations and invest in automation to offset the impact of the tariffs. This decision comes as part of a broader strategy to adapt to the shifting global trade environment and ensure long-term sustainability.

Read the Full CNN Article at:
[ https://www.cnn.com/2025/06/05/business/procter-gamble-job-cuts-tariffs-intl ]