https://www.ndtvprofit.com/business/p-g-to-lay-off-1-600-non-manufacturing-employees-to-cut-costs-297181?utm_source=telegram&utm_medium=referral&utm_campaign=socialshare
Chief Financial Officer Jon Moeller said that P&G would rely on a combination of attrition, "selective hiring" and restructuring to get to the reductions, which will result in $240 million in annual savings, in line with what P&G typically generates throu