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Jul 022014 Gossip


AVON continues its company restructuring by announcing that it will axe another 600 jobs as it looks to cut costs. The cosmetics firm is trying to trim $400 million in spending by 2016 and says that the latest cuts should contribute $50-55 million in annual savings. The announcement comes after the company reported an 11% Q1 sales drop, and the cuts are expected to largely take place “in the corporate organization and North America business unit.”

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  One Response to “AVON cuts 600 more jobs
in North America”

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