Thread regarding Procter & Gamble Co. layoffs

Buyouts

Managers with 20 years or more of work experience and tenure with P&G were able to get one year's salary. Also they were able to the severance even if they lined up new jobs, not to bad of the deal, especially if you know that many of them lined up jobs before jumping the ship. So, good for P&G and good for the individual worker, so it's a win-win situation in the short term. In the long term things are much more complicated and you need to take in consideration the fact that so much internal knowledge of P&G and our business and our processes and our products will be lost with this. I am talking about hundreds of thousands of years of experience will be gone and it's very difficult to replace that. It'd be difficult for any company of any size, not only P&G. There are a few things we can do in the future: we should really focus on what the customer wants and not what we think they want. Often we develop products that are so-so, we should be striving to produce things that are really good and that will make a connection with the customer. Also, we should go back to respecting the individual more as we had it before here at P&G. We used to respect people a lot more, now it's all about money and savings and people feel that P&G is not that old company that was focusing on every worker. It's just my two cents. Good luck to everyone.

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Post ID: @OP+BewY8Hl

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I hope we'll be over with all layoffs very soon, this waiting is not good for my nerves.

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