Company News

Playtex to Cut 300 Jobs

Author Image

By: TOM BRANNA

Editor

Playtex Products, Inc. announced its new management will cut more than 300 jobs by the end of this year, accounting for about 20% of its workforce.The cost-cutting layoffs will affect all of Playtex’s locations, executives said. Other measures will include facility consolidations, outsourcing and accelerated depreciation of certain assets. The company also plans to outsource its household glove manufacturing to Malaysia, reduce corporate headquarters office space and reorganize divisions. ...

Continue reading this story and get 24/7 access to Happi for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Happi Newsletters