P&G activist investor: Shrinking corporate staff by 90 percent ‘not going to decimate Cincinnati’
September 11, 2017 at 13:48 PM EDT
Activist investor Nelson Peltz said Monday that if elected to the board of Procter and Gamble he would advocate reducing by about 90 percent the 10,000 or so corporate employees, but he added that such a move wouldn’t devastate Cincinnati.