PG · News · 20260805N
Headcount / Restructuring
PROCTER & GAMBLE Co · 2026-08-05 · Importance 45 · Surprise 50 · In source text
P&G reduced its global workforce by approximately 5,000 employees over the past year to 104,000 from 109,000. The cuts represent roughly half of a two-year plan to eliminate 7,000 non-manufacturing or office positions worldwide by June 2027. Other reporting cited 4,300 jobs eliminated since last summer, indicating that the disclosed figure varies by reporting date or workforce classification. P&G is using restructuring savings to fund product innovation and has incurred severance-related costs.
Key facts
- Procter & Gamble has cut 5,000 jobs over the past year as part of a two-year restructuring plan aimed at eliminating 7,000 office positions worldwide. source
- P&G has eliminated 4,300 jobs since last summer as part of a restructuring plan to cut up to 7,000 non-manufacturing positions by June 2027. source
- P&G disclosed in a filing that it is using savings from job cuts to fund product innovation after reporting $16 billion in annual profit on sales of $87 billion. source
- P&G now employs 104,000 workers, down from 109,000 a year ago. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| operating_income | positive | probable | — | P&G has eliminated 4,300 jobs since last summer as part of a restructuring plan to cut up to 7,000 non-manufacturing positions by June 2027. |