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P&G Shrinks Work Force

Procter & Gamble completed its split off from 41 beauty brands that have merged with Coty resulting in10,000 P&G workers leaving the payroll. P&G now employs 95,000 workers worldwide. Through a combination of buyouts, layoffs, attrition and brand sales, P&G has cut 34,000 jobs or 26.4% of its workforce since it announced its restructuring plan in 2012.

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