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flag P&G plans to cut 7,000 jobs and exit some brands to adapt to economic challenges and tariffs.

flag Procter & Gamble plans to cut 7,000 jobs and exit certain brands to adapt to global economic challenges and tariff pressures. flag This restructuring affects about six percent of the company's workforce and is expected to cost $1 billion to $1.6 billion over two years, with a quarter of that in non-cash charges. flag P&G also anticipates a $600 million before-tax impact from tariffs in fiscal 2026.

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