16 August 2009

Avon to eliminate about 1,200 positions by 2013

Forbes
Avon Products Inc. said Wednesday that it will eliminate about 1,200 positions, or about 2.8 percent of its oevrall work force, by 2013 as part of restructuring efforts amid a recession that has dampened demand for the company's cosmetics.

The revamp will affect about 2,300 positions worldwide, which includes job openings as the company restructures its operations, according to spokeswoman Sharon Samuel.

"Jobs will be created even as others are eliminated," she said.

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