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Procter & Gamble May Cut Jobs

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By: TOM BRANNA

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Procter & Gamble Co. is reportedly considering job cuts that could eliminate 10 percent to 20 percent of its global work force in response to the economic downturn. According to an article in The Wall Street Journal, the Cincinnati-based consumer products giant is examining the possibility of more cuts to compensate for past restructurings that haven’t gone far enough.The newspaper, citing unidentified people familiar with the discussions, said P&G could cut as many as 22,000 job...

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