The following video is part of our "Motley Fool Conversations" series, in which consumer goods editor and analyst Austin Smith discusses topics across the investing world.

In today's edition, Austin talks about the recent job cuts at Procter & Gamble, and what they mean for the long-term investor. P&G is a company that's far more well known for its employee retention than its employee releasing. But ultimately this could spell long-term success for the buy-and-hold investor. The most recent wave of job cuts echoes the 2005 restructuring at the company, and since then the consumer goods giant has outperformed the index by 20 points.

If you're interested in companies like Procter & Gamble, you might want to read our special free report: "3 Companies Set to Dominate the World." It won't be available forever, so we invite you to enjoy a free copy today. You can access it by clicking here. Enjoy, and Fool on!