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Job Cuts

Bosch Layoffs Nestlé Microsoft Restructuring Deutsche Post Siemens Workforce Reduction Nissan Lululemon Athletica Inc. Procter & Gamble Target Corp. Daimler Truck Target Corporation Amazon IBM Australia and New Zealand Wacker Chemie General Motors SAP Commerzbank DHL

Procter & Gamble to Cut 7,000 Jobs in Two-Year Restructuring

The overhaul aims to simplify operations built on exiting select brands with up to $1.6 billion in pre-tax charges.

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