Avon plans to cut over 400 jobs, exit Ireland

[riky]

Avon plans to cut over 400 jobs, exit Ireland

<p><a href="http://news.yahoo.com/avon-plans-cut-over-400-jobs-exit-ireland-113738744--finance.html"><img src="http://l3.yimg.com/bt/api/res/1.2/LKYcIknaE2YfYEz4ilTZ1w--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-04-08T113738Z_1_CBRE9370WAT00_RTROPTP_2_CBUSINESS-US-AVON-SAVINGS.JPG" width="130" height="86" alt="A screen displays the price for Avon Products Inc. at the post that trades the stock on the floor of the New York Stock Exchange" align="left" title="A screen displays the price for Avon Products Inc. at the post that trades the stock on the floor of the New York Stock Exchange" border="0" /></a>(Reuters) - Avon Products Inc said on Monday it will slash more than 400 jobs and exit the Irish market, the latest moves in the new chief executive's plan to return the beauty products company to profitability in the next two years. Avon shares dipped 0.2 percent to $20.21 in early Monday trade. Avon, the world's largest direct seller of cosmetics, is already showing signs of stabilizing its business under new CEO Sheri McCoy, who was brought in a year ago, following years of inconsistent sales in Brazil and Russia and dwindling business in China and the United States. ...</p><br clear="all"/>

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