Procter & Gamble to cut 7,000 jobs over the next two years | Business and Economy

The cuts will represent 6 percent of its total workforce.

Procter & Gamble has said it will cut six percent of its workforce, or 7,000 jobs, over the next two years as it undertakes a restructuring programme as tariffs raise costs and uncertainty for businesses and consumers.

The world’s largest consumer goods company, which makes products ranging from Tide detergent to Pampers diapers, announced the job cuts on Thursday at a Deutsche Bank’s Consumer Conference in Paris.

The Cincinnati,…