Procter & Gamble plans to cut up to 7,000 non-manufacturing jobs, about 15% of its white-collar workforce, over the next two years, citing geopolitical uncertainty and weakening consumer confidence. The move is part of a broader restructuring aimed at streamlining operations and boosting long-term productivity. CFO Andre Schulten announced the plan at a Deutsche Bank conference in Paris on June 5, saying the cuts will begin in the second half of 2025 and include management reductions, automation, and digital upgrades. The company expects $600 million in tariff-related losses in fiscal 2026.