P&G Takes the "Oil" Away From the Olay

Article Abstract:

Procter & Gamble is changing the name of skin care product "Oil of Olay" to simply "Olay." The company hopes this will make the 50-year-old brand more appealing to today's young women who equate the word "oil" with "grease."

Strategy & planning, Pharmaceutical Preparation Manufacturing, Pharmaceutical preparations, Consumer Attitudes, Skin Care Cream, Statistical Data Included, Column, Product enhancement, Skin creams, Oil of Olay (Skin cream)

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Former P&G boss got $9.5 million in severance pay

Article Abstract:

Durk Jager, the recently resigned chief executive officer of Procter and Gamble Co., was given a severance package worth $9.5 million (10.5 million euros). Jager was Procter and Gamble's CEO for 17 months.

Management development, Compensation and benefits

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P&G considers eliminating 10% to 20% of its work force

Article Abstract:

Procter and Gamble is studying the possibility of laying off some of its labor force due to a slowdown in the economy. The company is considering laying off 10% to 20% of its workforce.

Personnel administration, Planning, Human resource management, Layoffs

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