Overview
- Over two fiscal years beginning in 2026 P&G will eliminate 7,000 roles, about 6% of its workforce and 15% of non-manufacturing staff.
- The overhaul seeks to streamline the organizational structure by broadening job responsibilities, reducing team sizes and investing in digitization and automation.
- Executives plan to exit select product categories, brands and markets, with some divestitures likely.
- The company expects to record $1 billion to $1.6 billion in pre-tax restructuring charges, roughly a quarter of which will be non-cash.
- P&G cited tariff uncertainty, a volatile global economy and uneven consumer demand as drivers of the accelerated restructuring.