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A plan to save $10 billion will cost 5,700 employees their jobs.
February 23, 2012
By: TOM BRANNA
Editor
Consumer products maker Procter & Gamble Inc. plans to cut 5,700 jobs globally by the end of the fiscal year ending in June 2013 as part of a cost-cutting plan. That amounts to about 10% of the company’s non-manufacturing work force. Procter & Gamble CEO Robert McDonald announced the moves at the Consumer Analyst Group of New York conference in Boca Raton, Florida. The presentation was webcast. Procter & Gamble says it pl...
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