Group 1 - Procter & Gamble (P&G) plans to cut up to 7,000 jobs, representing 15% of its non-manufacturing workforce, over the next two years as part of a restructuring effort [1][3] - The restructuring aims to create broader roles, smaller teams, and more efficient work processes, leveraging digitalization and automation [3] - P&G anticipates charges of $1 billion to $1.6 billion before tax during the two-year restructuring period, with 25% of these charges expected to be non-cash [8] Group 2 - The restructuring is a response to muted demand expected in 2025 due to uncertainties related to U.S. tariffs and a challenging competitive environment [1][5] - P&G is also looking to adjust its portfolio, which may involve exiting certain categories, brands, and products, as well as potential brand divestitures [3][4] - The company emphasizes the need for disciplined execution of its integrated growth strategy to pursue growth opportunities while addressing near-term challenges [7]