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January 1, 2014
By: [email protected]
Avon Products, Inc. has outlined details of the company’s previously announced $400 million cost savings initiative by 2016. The latest actions primarily consisted of global headcount reductions totaling 650 positions, including those related to the company’s service model transformation (SMT) project, and some additional headcount reductions in North America. Avon has announced its decision to halt further rollout of SMT, a multi-year global initiative, which enabled changes to the way represe...
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