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P&G; to reorganize Gillette, Braun units

From Bloomberg News

Procter & Gamble Co. is combining the Gillette razor and Braun household-appliance units it acquired in 2005 with a P&G; division to improve product development and marketing.

The move, effective July 1, will eliminate the Gillette business unit by making Gillette and Braun part of the global beauty and healthcare division, a spokesman said. The Cincinnati-based company is also moving the Duracell unit into its household care division.

Fewer than 50 jobs will be eliminated out of the more than 20,000 former Gillette employees affected by the realignment, the company said.


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