Last Friday, Procter and Gamble Company announced that it will eliminate jobs amounting to three hundred from the multinational company’s pharmaceutical units during this summer.
However, Procter and Gamble did not identify which posts will be removed. The phase out of the posts and other connected activities will take place over numerous months and should be finished on June 30. Job cuts will probably cover researchers, scientists and other technical posts.
Procter and Gamble’s downsizing will take effect on their research center located in Mason City, Ohio. The Mason Center has 2,560 employees and is the headquarters of the Procter and Gamble’s major businesses. Some employees working in their London, Toronto, and New York facilities will also be affected.
Tom Millikin, Procter and Gamble’s spokesperson, insisted that the job cuts is not because they were cutting their costs. He said that it was strategic move to keep their businesses flourishing. He said that the company chose to leave research on the early stages of pharmaceutical findings.
Instead, Procter and Gamble will draw its attention on the quicker procedure of...
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