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P&G is offering a buyout package to more than 1,000.
February 11, 2015
By: TOM BRANNA
Editor
As part of its latest round of cost-cutting measures, Procter & Gamble is offering buyout packages to executives. According to sources, P&G expects to offer buyouts to 1,000 employees globally by June. It's the firm's latest effort to boost the bottom line and the price of its stock. It's unclear how much top-shelf talent in Cincinnati will accept a separation package, but it could number in the hundreds, according to the Cincinnati Business Courier. P&G has 118,000 employees, including 11,000 in The Queen City.
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