P&G Exits Pakistan, Thousands of Jobs at Risk
Procter & Gamble (P&G) has announced a significant restructuring, including its exit from direct operations in Pakistan. This move, part of a global plan, has left thousands of Pakistani employees fearing for their jobs near me.
P&G's departure from Pakistan will see the end of direct manufacturing and business operations, including its Gillette Pakistan subsidiary. The company aims to cut up to 7,000 jobs worldwide over two years, with Pakistan's workforce being significantly impacted.
The decision comes amidst broader economic and political challenges in Pakistan. P&G will now rely on local distributors and regional operations to supply its products in the country. This shift follows a trend of multinational companies scaling back or exiting Pakistan in recent years. Microsoft, Pfizer, Shell, TotalEnergies, and Telenor are among those that have left due to similar challenges. Gillette Pakistan's revenue has already been severely affected, nearly halving in the fiscal year ending June 2025.
P&G's exit from direct operations in Pakistan is a blow to the local economy and its workforce. The company's global restructuring plan has led to this decision, with thousands of jobs at risk. As economic and political challenges persist, analysts warn that more multinational companies may follow suit, potentially leading to further job losses and economic instability.
