Avon axes 400 jobs

Beauty products company Avon is cutting more than 400 positions and abandoning or restructuring smaller or underperforming businesses in Africa, the Middle East and Europe, including cheap jerseys china an exit from Ireland.

Avon said the job cuts, which equate to about one per cent of Avon's 39,100 employees, Jerseys Wholesale From China will occur across all regions and segments. It is part of a turnaround plan under CEO Sheri McCoy, baltimore ravens jerseys with the goal of achieving midsingle digit percentage revenue growth and $US400 million ($A387.50 million) Cheap Green Bay Packers Jerseys wholesale in cost savings by 2016.

The New York company will take charges of around $US35 Green Bay Packers wholesale million to $US40 million before taxes and expects annualised savings of between $US45 million and Green Bay Packers Jerseys $US50 million.

The jobs cuts come on top of the 1500 positions trimmed in December, when the company fitflops canada outlet announced that it was exiting Vietnam and South Korea.

The direct seller of beauty products has been cheap fitflops struggling to turn around its business at home and in emerging markets. It has also wrestled with a bribery probe fitflops in canada in China that began in 2008 and has since spread to other countries.