Procter & Gamble (P&G), the maker of Pampers, has announced plans to cut up to 7,000 jobs as part of a broader restructuring effort. This move comes in response to increasing costs due to tariffs and uncertainty in consumer spending. The cuts, which will affect both manufacturing and non-manufacturing roles over the next two years, represent the largest job reductions at the company in at least four decades. P&G aims to streamline operations and focus on new growth initiatives despite facing a challenging economic landscape.