Cosmetics maker Avon Products Inc said it would cut about 600 jobs, including in its North America unit, as the company struggles to return to profit. The direct seller of cosmetics, which has posted losses in five of the past six quarters, had about 36,700 employees, including 4,300 in the United States, at the end … Continue reading
Avon Products Inc. (AVP) is planning some layoffs and other cost savings to stabilize results in the near term, but investors will have to wait until a new chief executive is named before hearing how the latest round of restructuring will set up the direct-selling beauty company for the long haul. via Avon Swings To … Continue reading