Earnings

SK-II

Procter & Gamble welcomes new CEO, anticipates reduction in staff in the face of an uncertain economy

By Emily Jensen

Jul 29, 2025

The owner of brands like Olay and Gillette reported a 2% growth in net sales for Q4 2025, with sales for the full year remaining flat. Looking ahead to 2026, the conglomerate anticipates growth in the single digits and a reduction of 7,000 members of its workforce.

Podcasts See More

The Glossy Fashion Podcast
Glossy Podcast: The biggest questions around the fashion industry as we head into 2026
Jan 2, 2026
The Glossy Beauty Podcast
The Glossy Beauty Podcast’s 2026 predictions
Jan 1, 2026
The Glossy Fashion Podcast
Glossy Podcast: Breaking down the K-shaped economy
Dec 19, 2025

Go to Podcasts page

Events See more

4
Feb

Virtual February 4, 2026
Glossy+ Health & Wellness Trends Town Hall
Brand executives will come together to discuss their current challenges and best practices when it comes to keeping up in the health and wellness space.
11
Feb

New York, NY February 11, 2026
AI Marketing Strategies
Join us for AI Marketing Strategies as we map out the state of play of an industry being reshaped by AI.
1
Jun

Miami, FL June 1-3, 2026
Glossy E-Commerce Summit
At Glossy’s E-Commerce Summit, leaders from influential brands and retailers will break down how they’re winning customers, driving sales and rethinking the “omnichannel” concept.