Avon plans to cut 650 jobs as part of its plan to trim $400 million in costs, according to reports. This will go into effect in 2014 and is spearheaded by the CEO Sheri McCoy as part of a long term plan to revive the company by 2016.
The company also is reviewing operations in "smaller, underperforming markets" to be restructured or closed and this year sold its jewelry unit, SIlpadai.Zoom Lebron XV 15
Avon to cut jobs for cost saving
Source:Happi Release Date:2013-12-13 278
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Avon plans to cut 650 jobs as part of its plan to trim $400 million in costs, and it will go into effect in 2014.
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