Procter & Gamble to shed thousands of jobs Business Courier Date: Thursday, February 23, 2012, 1:59pm EST - Last Modified: Thursday, February 23, 2012, 2:46pm EST
Procter & Gamble Co. will cut 5,700 jobs by the end of fiscal 2013 as part of a $10 billion effort to reduce costs. CEO Bob McDonald told analysts today at the Consumer Analyst Group of New York conference that the cuts will come from nonmanufacturing positions. The reduction amounts to 10 percent, or about 5,700 of 57,000 nonmanufacturing jobs...........................>>>>......................>>>>..................http://www.bizjournals.com/cincinnati/news/2012/02/23/procter-gamble-to-shed-5700-jobs.html