Procter & Gamble said Thursday it will cut 7,000 jobs over the next two years, or about 15% of its non-manufacturing workforce. In a statement, the consumer products giant said it wants to boost ...

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Procter & Gamble has offered investors total returns of 66.67 percent over the last 5 years, while the S&P 500 has offered investors total returns of 110.9 percent during the same time period.

Procter & Gamble is slashing up to 15% of its non-manufacturing positions over the next two years as part of a broader restructuring effort. The cuts will affect up to 7,000 roles.

Procter & Gamble said Thursday it plans to cut 7,000 jobs, about 15% of its workforce, over two years. The company said it's part of a plan to accelerate growth.