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The Independent UK
The Independent UK
Business
Anna Wise

Procter & Gamble announces plans to layoff 7,000 workers despite increasing profits

Procter & Gamble, the multinational corporation behind brands such as Gillette and Pampers, has announced a restructuring programme that will result in up to 7,000 jobs being cut over the next two years.

The Ohio-based manufacturing giant revealed the plans during a strategy update on Thursday.

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