Major disaster to Pakistan, thousands may get jobless, this MNC to shut down all operations due to…

Pakistan has been facing a major economic crisis for many years and now MNC have started shutting down their operations from the country.

P&G Business in Pakistan: Multinational giant Procter & Gamble (P&G) is set to wind up its operations in Pakistan. The company entered the country in 1991. It is now preparing to shut down after economic challenges.

Pakistan is already struggling with financial challenges. P & G globally brands Tide, Ariel, Gillette, Oral-B, Head & Shoulders, Vicks, and Whisper. It announced that it will discontinue its manufacturing and commercial activities in P&G Pakistan as well as Gillette Pakistan Limited. However, the company clarified that it will continue to serve Pakistani consumers through other regional operations.

P&G To Close Down Business

P&G’s decision will result in major job losses. The company had already revealed its plans to streamline its product portfolio and cut around 7,000 jobs globally over the next two years. This move is part of a broader operational restructuring. Due to weak consumption trends and high trade duties led the company to lower its financial outlook.

Why Is P&G Leaving Pakistan?

There are many other multinational corporations who are winding up their businesses from Pakistan due to worsening business and economic conditions. Challenges like restrictions on repatriating profits, weak consumer demand, and regulatory hurdles. Gillette Pakistan’s revenue dropped nearly 50% in the fiscal year ending June 2025.

Several other companies like Shell Plc, Pfizer Inc., TotalEnergies SE, and Telenor ASA have also exited Pakistan. They have been selling stakes or shutting down operations. Despite being the world’s fifth-most populous country, Pakistan continues to see foreign multinationals going back or exiting entirely. Just last year, P&G sold its soap manufacturing facility to Nimir Industrial Chemical Limited.

Commenting on the exit, Saad Amanullah Khan, former CEO of Gillette Pakistan, said: “I hope such exits serve as a wake-up call to those in power that everything is not fine.” He cited high electricity costs, weak infrastructure, and regulatory pressures as key deterrents, while expressing hope that conditions will eventually improve to stop the trend of multinational departures.