CONSUMER products giant Procter & Gamble says it plans to cut more jobs and increase share repurchases as it works on its turnaround plan to focus on its most profitable categories and countries.
The maker of Tide detergent and Gillette razors says on top of its already announced plan to cut 5700 non-manufacturing jobs, it will cut two to four per cent of its non-manufacturing jobs.
Also it now expects to buy back shares worth $US4 billion ($A3.87 billion) to $US6 billion. Previously it forecast $US4 billion.
The news comes as the company holds its annual analyst meeting in Cincinnati.
Procter & Gamble has been facing increasing investor displeasure about its lack of global market share growth. That has grown since activist investor William Ackman disclosed a stake in the company.
Anda sedang membaca artikel tentang
Procter & Gamble plans more job cuts
Dengan url
http://koplakbolang.blogspot.com/2012/11/procter-gamble-plans-more-job-cuts.html
Anda boleh menyebar luaskannya atau mengcopy paste-nya
Procter & Gamble plans more job cuts
namun jangan lupa untuk meletakkan link
Procter & Gamble plans more job cuts
sebagai sumbernya
0 komentar:
Posting Komentar