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Analysts show mixed reactions as Truist raises Greif's target amid optimism, while BNP Paribas cuts Samsara's over sales worries. Meanwhile, Giftify's VP sells stock, hinting at potential internal shifts.

Procter & Gamble to Cut 7,000 Jobs

Wall Street JournalThursday, June 5, 2025 at 7:30:00 AM
Procter & Gamble to Cut 7,000 Jobs
Procter & Gamble, the company behind household staples like Tide and Crest, is slashing 7,000 jobs as part of a broader restructuring plan. They’re also streamlining their brand lineup—meaning some lesser-known products might get axed. It’s a big shakeup for a company that’s been a titan of the consumer goods world for decades.
Editor’s Note: Job cuts always sting, especially at a company as massive as P&G. For employees, it’s tough news. For consumers, it might mean fewer choices on shelves if brands get discontinued. And for investors, it signals P&G is tightening its belt—whether that’s a smart pivot or a sign of deeper struggles depends on who you ask. Either way, it’s a reminder that even the biggest players aren’t immune to cost-cutting pressures.
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