There were no job cuts at the company’s Union distribution center, a company spokesman said Wednesday morning.
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The company in 2012 launched “a productivity and cost savings plan” to reduce costs. particularly in the areas of supply chain, research and development, marketing and overheads, P&G said in the report, which was filed with the Securities and Exchange Commission.
Restructuring costs are primarily tied to employee separations, P&G said.
“Savings generated from restructuring costs are difficult to estimate, given the nature of the activities (and) the timing of the execution,” the company said.
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The company said it had 92,000 total employees in 2018, down from 95,000 workers in 2017 and 105,000 in 2016. Cincinnati-area employee is typically said to be around 10,000 employees.
The consumer and household products giant incurred about $1.07 billion in restructuring costs in the year that ended June 30, 2018 and $754 million for the previous year.
P&G has a large distribution operation in Union, a 1.7 million-square-foot center near the Dayton International Airport, which opened in 2015. About 760 people work there.
More than a third of P&G’s products move through the facility. DHL has about 520 employees at the site; Impact Fulfillment Services has about 100; P&G has about 140.
P&G also has a “beauty and innovation” center and campus in Mason.
Questions were sent to a P&G spokesman.
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