Jun 5, 2025 5:54 PM
Jun 5, 2025 5:54 PM
Procter & Gamble to Lay Off 7,000 Workers Amid Tariffs and Slowing Consumer Spending
The consumer goods giant is launching a global restructuring plan as rising costs and economic uncertainty hit demand. The company, which owns major household brands like Tide, Pampers, and Gillette, said tariff-related expenses—have pushed it to rethink product sourcing, pricing, and market presence.