Friday, February 24, 2012

P&G to cut 5,700 jobs globally in restructuring

Consumer products maker Procter & Gamble Inc. said Thursday it plans to cut 5,700 jobs worldwide over the next year and a half as part of a cost-cutting plan.

The company’s new plant in Box Elder County, however, will be unaffected by the layoffs because P&G does not plan to eliminate any manufacturing jobs as part of its effort to trim its workforce.

The Utah plant, opened last March, employs approximately 200 Utahns. It produces Charmin toilet paper and Bounty paper towels. Salt Lake Tribune