P&G to Exit Pakistan Amid Global Overhaul, Demand Strains (1)

Procter & Gamble Co.said it will discontinue its business in Pakistan, months after the company announced a global restructuring program.

The maker of Tide detergent and other household items will wind down manufacturing and commercial activities of P&G Pakistan, as well as its razors division Gillette Pakistan Ltd., the Cincinnati-based company said in a statement. It will continue to serve consumers from other operations in the region, it said.

P&G had in June announced it would pare its portfolio of brands and slash as many as 7,000 jobs over two years as part of an operations overhaul. ...