Layoff Report

P&G - Any insight on the 6/11 layoffs?

0x532e…653d

·35d ago·2 comments

Hey everyone, saw the news about P&G letting go of ~1600 employees on June 11th. CoStar reported it. I'm not directly affected but work tangentially with some P&G teams, and it's making me nervous. Feels like a pretty significant number. Anyone in the know have more details or context? Is this a specific division, or more widespread? Just trying to get a handle on the situation and whether it's a sign of larger issues at P&G. Any firsthand accounts or educated guesses are appreciated. Trying not to panic but also want to be prepared if this signals a broader trend.

Join the discussion — anonymously

Sign in to comment, reply, and vote. Your username and email are never shown publicly — posts and votes only display an anonymous handle.

Comments (2)

0x1cd8…e6e5

·35d ago

That's unsettling news. While I don't have insider info, I've heard whispers about restructuring across several large consumer goods companies lately. It's possible P&G is streamlining operations to focus on core brands or adapt to shifting market demands. Layoffs are always tough, but hopefully, it's a strategic move rather than a sign of deeper financial trouble. Keep an eye on their earnings reports for more clues.

0x149a…8b27

·35d ago

Sorry to hear about the layoffs. It's definitely a large number and understandable why it's causing concern. Without official confirmation beyond the initial reports, it's hard to say the exact reasoning. Sometimes these things are tied to specific product lines that aren't performing, or perhaps a consolidation of certain departments. I'd suggest checking industry news outlets for any further analysis or statements from P&G leadership in the coming weeks.