P&G To Cut Even More Jobs

P&G job cuts Tide
P&G job cuts Tide

By Mae Anderson

NEW YORK -- Consumer products giant Procter & Gamble Co. said Thursday that it plans to cut more jobs and increase share repurchases as it works on its turnaround plan to focus on its most profitable categories and countries. The news comes as the company holds its annual analyst meeting in Cincinnati, and as P&G faces increasing investor pressure to improve its results.