Procter & Gamble layoffs won't affect local plant

A plan by Procter & Gamble to trim its workforce by 10 percent, or 5,700 employees, won't result in any job losses in Cape Girardeau.

Bob McDonald, the company's board president and CEO, spoke about the company's plan to reduce costs by $10 billion Thursday at the Consumer Analyst Group of New York Conference.

The workforce reduction is aimed at nonmanufacturing positions and will not affect employees at the company's Cape Girardeau plant, said Linda Greaser, external relations leader.

The company will cut $4.5 billion in materials costs and reduce marketing expenses by $1 billion, according to its website.