Colgate-Palmolive Co (CL.N) unveiled a cost-cutting plan on Thursday that included cutting its workforce by the end of 2016 by about 6 percent.
The toothpaste maker, which has some 38,600 employees, also posted a higher quarterly profit that met analysts’ expectations…
Choosen excerpts by JMM from
via Colgate to cut about 6 percent of jobs by end of 2016 | Reuters.
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POSTED BY JOB MARKET MONITOR ⋅ OCTOBER 25, 2012 ⋅ LEAVE A COMMENT
Ford Motor Co. (F) and Dow Chemical Co. (DOW) joined a growing number of companies firing thousands of workers as sluggish U.S. growth and Europe’s deepening recession lead to a persisting slump in sales. North American companies have announced plans to eliminate more than 62,600 positions at home and abroad since Sept. 1, the biggest … Continue reading »
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Posted by Jannie Mcmillion | November 9, 2012, 12:54 pmTheir cost cutting is surprising because I think Colgate and Palmolive’s still doing good in terms of marketing consumption. Maybe Colgate can try to upscale their tooth whitening in new york, maybe a bit of change on their packaging?
Posted by Craig Tyler | November 12, 2012, 1:00 am