Procter & Gamble to cut 7,000 jobs, exit brands as consumer uncertainty weighs 

Procter & Gamble will cut 7,000 jobs over the next two years, as the Tide detergent maker contends with an uncertain spending environment, fueled in part by U.S. tariffs that have roiled numerous consumer companies.

The world's largest consumer goods company also plans to exit some product categories and brands in certain markets, including some potential divestitures, as part of the broader two-year restructuring plan.

"This is not a new approach, rather an intentional acceleration of the current strategy ... to win in the increasingly challenging environment in which we compete," executives said at a Deutsche Bank Consumer Conference in Paris on Thursday.

The job cuts amount to about 6% of its workforce, which P&G characterized as part of its ongoing strategy.

Notably, CFO Andre S