<ul><li>Procter & Gamble (P&G) plans to reduce its global workforce by 15%, affecting 7,000 non-manufacturing employees by 2027.</li><li>The decision to downsize may have been influenced by a decline in quarterly sales and the need to handle tariffs, prompting the company to focus on cost-cutting measures.</li><li>P&G is restructuring its product range, reducing less popular offerings, revising prices, and emphasizing daily-use products over other categories to boost profitability.</li><li>In response to increased competition, P&G is also reorganizing internally, investing in quick commerce, and optimizing its supply chain to align with consumer preferences for convenience.</li></ul>

Procter & Gamble to trim workforce by 7,000 in 2 years

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