Colgate-Palmolive Co., the consumer products giant behind brands like Ajax detergent and Irish Spring soap, plans to cut its worldwide workforce by about 12%, or about 4,400 jobs, and close one-third ...
Colgate-Palmolive Co. on Monday issued its first formal profit warning in almost a decade, citing higher marketing spending and raw-material costs, sending its shares down 11.2% to a four-year low.