Is Procter & Gamble Really Cutting 7,000 Jobs Worldwide Over the Next Two Years?
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Synopsis
Procter & Gamble is set to make significant cuts, affecting 7,000 jobs globally. This bold move is part of the company's strategy to adapt to a rapidly changing market landscape. Discover how these changes will impact the company and its employees, and what it means for the future of consumer goods.
Key Takeaways
- Procter & Gamble plans to cut 7,000 jobs globally.
- This reduction represents about 15 percent of its non-manufacturing workforce.
- The job cuts will occur over the next two years.
- The company is focusing on improving agility and efficiency.
- Procter & Gamble aims to enhance innovation in response to market challenges.
New Delhi, June 5 (NationPress) The prominent FMCG company Procter & Gamble declared on Thursday its plan to eliminate 7,000 positions, which represents approximately 15 percent of its existing non-manufacturing workforce globally within the next two years.
The firm assured that the process of employee separations will be conducted with support and respect, adhering to “our principles and values as well as local regulations.”
“Details regarding specific impacts by region or site are not available at this moment. The execution of plans will take place over the next two fiscal years, enabling us to effectively sequence the rollout of critical innovation and operational projects,” the company stated.
Procter & Gamble reported that its fiscal year 2024 marked the completion of six consecutive years with organic sales growth of four percent or more, achieving steady growth before COVID-19, during the pandemic, and amidst supply chain disruptions and inflation challenges, as well as consumption slowdowns in key markets.
“We are maintaining our impressive record of returning cash to shareholders. In the first three quarters of fiscal year 2025, P&G has returned over $13 billion to investors through dividends and share buybacks,” shared Andre Schulten, Chief Financial Officer, alongside Shailesh Jejurikar, Chief Operating Officer, during the 2025 Deutsche Bank Global Consumer Conference.
They noted that, looking forward, consumers are facing increased uncertainty.
“The competition is intense. The geopolitical landscape is unpredictable. Moreover, technology is swiftly transforming nearly every aspect of daily life. However, we can unlock considerable growth by better addressing the needs of currently unserved and under-served consumers, diversifying into new segments, and elevating markets to best-in-class levels,” the company stated.
To facilitate this, “there will be further adjustments to foster an even more agile, empowered, and accountable organizational structure — broadening roles, minimizing team sizes, enhancing job fulfillment and efficiency, and leveraging digitization and automation,” it added.
Starting in fiscal year 2026, Procter & Gamble will embark on a two-year initiative to accelerate its growth and enhance value creation.
“These alterations across our portfolio, supply chain, and organization are aimed at unlocking significant opportunities for better execution of P&G’s integrated growth strategy,” the company concluded.
Point of View
I believe that while job cuts can be a challenging reality for employees, they may also be necessary for companies like Procter & Gamble to maintain competitiveness in a rapidly changing market. The focus on agility and innovation is crucial for long-term sustainability.
NationPress
11/06/2025
Frequently Asked Questions
Why is Procter & Gamble cutting jobs?
Procter & Gamble is cutting jobs as part of a strategy to adapt to market changes, enhance efficiency, and focus on innovation.
How many jobs will be cut?
A total of 7,000 jobs, approximately 15 percent of its non-manufacturing workforce globally, will be reduced.
What support will employees receive during this transition?
The company stated that separations will be managed with support and respect, in line with its principles and local laws.
When will these job cuts take place?
The job cuts will be implemented over the next two fiscal years.
What is Procter & Gamble's growth strategy?
The company aims to unlock significant growth by meeting the needs of under-served consumers and expanding into new segments.
