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Gives vote of confidence to current workforce
July 10, 2015
By: TOM BRANNA
Editor
If you're a blue chip employees, don't worry about a pink slip. That's the word from Coty CEO Bart Becht as he moved to assuage Procter & Gamble employees that he really needs them following Coty's multibillion-dollar acquisition of several P&G beauty brands. Still, about 10,000 P&G employees, including 200 in Cincinnati, will be out of a job after P&G transfers the 43 brands to Coty. The transaction is expected to close in the second half of 2016, dependi...
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