COLGATE-PALMOLIVE will cut more than 2310 workers, or 6 per cent of its workforce, by the end of 2016 in a push to make the consumer products company more efficient.
Colgate wants to streamline global functions and said on Thursday it will continue to cluster single-country subsidiaries into regional hubs.
Savings for the program should total between $US365 million ($A354 million) to $435 million annually by the end of 2016.
The cuts were announced on the same day the company posted a two per cent increase in third-quarter net income as it ramps up advertising. Revenue slipped one per cent.
Colgate-Palmolive Co has 38,600 employees.
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