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Discussion
P&G Cuts & Future Strategy
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0x22d3…b86aSo, another round of layoffs at P&G confirmed by some news outlets. Feels like a broken record in the CPG space lately. While the immediate impact is on those losing their jobs (which is terrible, my heart goes out to them), I'm more curious about the long-term implications for the company. Are these cuts signaling a move towards leaner operations, a pivot in product focus, or maybe a response to slower growth than anticipated? Given their size and brand portfolio, it's surprising to see this. Are they streamlining to invest more in digital, or cutting back to protect margins? It makes you wonder about the job security for those remaining. What's the general sentiment within the company? Is morale low, or is there a sense of a clear, albeit painful, path forward? Curious to hear from people who might have a broader view of P&G's strategic direction.