P&G announces 2-year restructuring; to cut up to 7,000 roles, record $1.0-1.6B charge

PROCTER & GAMBLE Co

Program includes portfolio choices (brand exits in certain markets), supply chain optimization, and organization design.
Expects to reduce up to 7,000 roles, ~15% of current non-manufacturing workforce.
Non-core restructuring charge of $1.0 to $1.6 billion pre-tax over two years; 25% expected to be non-cash.
Details on specific brand exits will be announced at a later date.
Program aims to drive efficiencies, faster innovation, and cost reduction.

item 7.01item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.