Lies to stockholders and employees. - Retail Merchandiser Procter & Gamble Employee Review

Cons: P&G was a great company (at one time) and one of the best in the country. Here's what's happened to me. I was told I was "crucial to the success of Proctor & Gamble". In fact, every one of us (including our managers and those above them) were told this over and over again. We were doing a great job. Then without notice we were all told there we were going into a "transition" with two other companies. In fact, they laid off thousands of us this month alone. They only reported 1600 to the press, however. I've since learned they've done this consistently from time to time always without notice. We got NO severance pay for our loyalty. Our benefits are lost the month we're gone. Our careers gone. In a time when the economy is so horrible they couldn't have done a less respectful American deed. I'm stunned with disbelief, really.