tag:blogger.com,1999:blog-8276985.post6756723719238577967..comments2023-07-04T06:04:58.857-07:00Comments on hattrick: you, me, and google...: Fate of the US company: Cycle of renewal vs. Pile of patentsfChhttp://www.blogger.com/profile/08007305273044171670noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-8276985.post-15261167270553956812012-03-02T13:03:09.399-08:002012-03-02T13:03:09.399-08:00http://www.spiegel.de/international/business/0,151...http://www.spiegel.de/international/business/0,1518,druck-815488,00.htmlder spiegelhttp://www.spiegel.de/international/business/0,1518,druck-815488,00.htmlnoreply@blogger.comtag:blogger.com,1999:blog-8276985.post-30395345693382621792012-02-24T05:40:26.004-08:002012-02-24T05:40:26.004-08:00on Thursday it would eliminate 5,700 jobs over the...on Thursday it would eliminate 5,700 jobs over the next year and a half as part of a cost-cutting plan.<br /><br />Procter & Gamble said it hoped to save $10 billion by the end of the fiscal year ending in June 2016.<br /><br />The job cuts amount to about 10 percent of the company’s nonmanufacturing work force and are expected to be complete by the end of the fiscal year that ends June 2013. The cuts include 1,600 jobs that Procter & Gamble announced earlier this month.<br /><br />The company said that even though overall headcount will be reduced, hiring will continue in growth areas like China and in emerging markets.<br /><br />Procter & Gamble’s chief executive, Robert A. McDonald, announced the moves at the Consumer Analyst Group of New York conference in Boca Raton, Fla.<br /><br /><b>Stock in Procter & Gamble, which is based in Cincinnati, rose $1.98 a share in regular trading on the New York Stock Exchange, to $66.42.</b><br /><br />After all, how many more blades can they keep adding to those Gillette disposable razors? To think P&G is still touted in academic circles as this great case of corporate innovation...Procter & Gamblenoreply@blogger.com