Revlon Inc. (REV), the maker of cosmetics under its namesake and Almay brands, will cease operations in China and eliminate about 1,100 positions, including 940 beauty advisers, as it restructures its struggling business. Chosen excerpts by Job Market Monitor. Read the whole story at via Revlon to Exit Operations in China, Cut 1,100 Jobs – Bloomberg.
Makeup company Revlon Inc. says it is cutting 250 jobs, or about 5 per cent of its workforce, and is closing two plants in a broad restructuring as it seeks to cut costs. Revlon, whose brands include Almay, Mitchum and its namesake, says it will close its manufacturing plant in France and its leased manufacturing … Continue reading