Procter & Gamble has announced plans to cut approximately 7,000 jobs globally over the next two years as part of a significant restructuring effort aimed at managing costs amid ongoing tariff uncertainties and fierce market competition. The consumer goods giant, known for its popular brands such as Tide and Gillette, intends to reduce its non-manufacturing workforce by 15%, which will include layoffs across various sectors such as human resources and legal. The company is anticipating up to $1.6 billion in restructuring charges as it pivots to invest in new growth initiatives while adapting to changing consumer demands.