Revlon announces job cuts
US cosmetics manufacturer Revlon has announced it is to cut 400 jobs worldwide in a bid to reduce costs and restructure the company. It is estimated the move will save Revlon $30m a year.
US cosmetics manufacturer Revlon has announced it is to cut 400 jobs worldwide in a bid to reduce costs and restructure the company. It is estimated the move will save Revlon $30m a year.
It also said it expected Q2 results to be hit by retailers cutting inventory levels as well as fluctuations in foreign currencies.