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Procter & Gamble To Layoff Up To 7,000 Amid Slow Growth In USA
Forbes· 2025-06-06 03:30
Changes at P&G as consumer spending slows.Corbis via Getty ImagesProcter & Gamble (P&G), the owner of consumer brands like Tide, Pampers and Swiffer, has announced plans to layoff up to 7,000 workers over the next two years. The plans are part of a larger restructuring announced by the company’s CFO, Andre Schulten, at a Deutsche Bank consumer conference in Paris on Thursday. The company announced plans to possibly exit some of its lower-performing brands, citing slow growth in the U.S. as part of the reaso ...
Even This Elite Dividend King Stock Is Feeling the Effects of Tariff Turmoil. Is It a Buy Anyway?
The Motley Fool· 2025-04-29 19:05
Procter & Gamble (PG 0.66%) has established a reputation for delivering steady results and dividend growth, regardless of the economic cycle. In fact, P&G is so consistent that it has raised its dividend for 69 consecutive years, an extensive streak that puts it at the top of an elite list of companies known as Dividend Kings.But the maker of laundry detergents, dish soap, paper towels, razors, and more slipped 3.7% on April 24 in response to its third-quarter fiscal 2025 earnings report. Let's dive into ke ...