The Latest Breaking News from Procter &Gamble

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Procter & Gamble will cut up to 7,000 jobs, or approximately 6% of its global workforce, over the next two years as the maker of Tide detergent and Pampers diapers wrestles with tariff-related costs and customers who have grown anxious about the economy.

Procter & Gamble has notably underperformed the Nasdaq composite over the past year, yet analysts remain moderately optimistic about the stock’s long-term prospects.

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Volley after volley of tariffs — and at times on-again, off-again trade actions — have put companies around the world on edge

Although Procter & Gamble has underperformed the broader market over the past year, Wall Street analysts maintain a moderately optimistic outlook on the stock’s prospects.

During times of economic caution, the enduring demand for essential goods elevates consumer staples firms as investors seek portfolio stability and income.

The maker of America’s best-selling detergent says the company is seeing fewer loads per week.