Procter & Gamble Sees Up to $1.6 Billion in Restructuring Charges

Dow Jones

06-05

By Colin Kellaher

Procter & Gamble's planned restructuring will result in pretax charges of $1 billion to $1.6 billion over the next two years.

P&G, which on Thursday unveiled plans to shed 7,000 jobs and trim its product portfolio, said it expects 25% of the charges to be non-cash.

The Cincinnati consumer-products giant said the restructuring program, focused around portfolio choices, supply-chain optimization and organization design, will include brand exits, select brand divestitures and potential market exits, adding that it will announce details at a later date.

Write to Colin Kellaher at colin.kellaher@wsj.com

(END) Dow Jones Newswires

June 05, 2025 06:18 ET (10:18 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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Gamble's planned restructuring will result in pretax charges of $1 billion to $1.6 billion over the next two years. \n</p>\n<p>\n  P&amp;G, which on Thursday unveiled plans to shed 7,000 jobs and trim its product portfolio, said it expects 25% of the charges to be non-cash. \n</p>\n<p>\n  The Cincinnati consumer-products giant said the restructuring program, focused around portfolio choices, supply-chain optimization and organization design, will include brand exits, select brand divestitures and potential market exits, adding that it will announce details at a later date. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Colin Kellaher at colin.kellaher@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 05, 2025 06:18 ET (10:18 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Procter & Gamble Sees Up to $1.6 Billion in Restructuring Charges</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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