By  on February 21, 2013

One year after laying out plans to cut $10 billion in costs by fiscal 2016, the Procter & Gamble Co. said it is moving full steam ahead to improve productivity.

At the Consumer Analyst Group of New York Conference held in Boca Raton, Fla., on Thursday, the company’s chief financial officer, Jon Moeller, reiterated that the plan consists of trimming $6 billion from costs of goods sold, $3 billion in nonmanufacturing overhead and $1 million in marketing.

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