Around the Net
P&G Stock Slides, Jobs Could Be In Jeopardy
- Cincinnati Enquirer, Wednesday, May 2, 2018 8 AM
Procter & Gamble's lagging sales have shaken investors' confidence in its turnaround and may force the company to cut more jobs. Shares of the maker of Tide detergent and Pampers diapers are down more than 20% in 2018 after yet another underwhelming quarter reported April 19. The company modestly beat expectations but disclosed shrinking profit margins and a softening sales outlook.
