Trademagazin > News and articles > Company and Personal News > Procter & Gamble Co to cut about 15 percent of its management staff
Procter & Gamble Co to cut about 15 percent of its management staff
The company aims to accelerate annual productivity growth from 6 percent to 7 or 8 percent over the next five years.
The world's
largest household and personal-care products maker also plans to
reduce the number of the distribution centers it operates globally by
half and plans to cut employee relocation to combat rising commodity
costs and reduced consumer spending.
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