Up to 7,000 non-manufacturing jobs to be cut over two years
Source-backed update · Announced plan · Procter & Gamble
EventAnnounced June 5, 2025
ReportedJune 5, 2025
Added to WorkHushJune 5, 2025
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Sources
Reuters (via Yahoo Finance) · Jun 5, 2025Supports: Reported that P&G said at a Deutsche Bank consumer conference in Paris it would cut 7,000 jobs, about 15% of non-manufacturing staff, over two years, with $1 billion to $1.6 billion in before-tax charges, amid tariff and consumer uncertainty.Open the sourceWVXU · Jun 5, 2025Supports: Reported the company release on up to 7,000 non-manufacturing job cuts over two years starting in fiscal 2026, and that P&G had not said how many would fall in Cincinnati.Open the source
Not in the sources
Which teams, brands and locations are affected was not disclosed, including how many cuts fall among P&G's roughly 10,000 Cincinnati employees; the cost estimate reported in June 2025 ($1 billion to $1.6 billion) differs from the $1.5 billion to $2.0 billion in the August 2026 10-K.
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