The consumer products world got a jolt last week when Tide-maker P&G announced it’s cutting roughly 7,000 jobs. I’ve watched this company evolve since the 80s, and this move speaks volumes about today’s retail landscape. CFO Andre Schulten dropped the news June 5th at a Deutsche Bank conference in Paris, calling it an “acceleration” of existing strategy. Translation: P&G needs to slim down fast as consumers pinch pennies. Sales are down 2% last quarter to $19.8 billion. The company’s rosy growth projection of 2-4% for fiscal 2025? Gone. Now they’re expecting flat sales—corporate-speak for trouble. “Consumers face greater uncertainty. Competition … Continue reading P&G Cuts 7,000 Jobs as Consumer Uncertainty Grows: 15% of White-Collar Roles Slashed