Daily Digit: Avon Chops 400 Jobs - Presented by: The Aol. On Network

The Daily Digit is 400. Avon, the world's largest direct seller of cosmetics, is slashing more than 400 jobs across all regions and functions. The cuts include restructuring or exiting from smaller, underperforming markets, primarily in Europe, the Middle East and Africa. Staff reductions are designed to be completed by the end of the year and bring in up to $50 million in cost savings annually.



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