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P&G Announces Plan to Restore Competitiveness and Growth

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By: TOM BRANNA

Editor

The Procter & Gamble Company today announced the next step in its plan to improve the company’s competitiveness and revitalize long-term growth. This new program is an expansion and acceleration of P&G’s existing Organization 2005 restructuring program, and is necessary to deliver the company’s long-term financial goals.P&G said it will streamline its cost structure by further reducing overhead costs and by extending plans to reduce manufacturing costs. The compa...

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