[link|http://www.iht.com/articles/2004/12/08/business/colgate.html|http://www.iht.com/a...ness/colgate.html]

Colgate-Palmolive, the U.S. consumer products company, has said that it plans to close about a third of its factories and cut more than 4,400 jobs over the next four years as part of a major restructuring effort to increase profit margins.