Avon Eliminating Hundreds of Jobs; Leaves Ireland
NEW YORK — Avon is eliminating more than 400 positions and abandoning or restructuring smaller or underperforming businesses in Africa, the Middle East and Europe, including an exit from Ireland. The company said Monday that the job cuts, which equate to about 1 percent of Avon’s 39,100 employees, will occur across all regions and segments. It is part of a turnaround plan under CEO Sheri McCoy, with the goal of achieving mid-single digit percentage revenue growth and $400 million in cost savings by 2016. Avon expects to complete almost all the cuts before year’s end. The New York company will take charges of around $35 million to $40 million before taxes and expects annualized savings of between $45 million and $50 million. (MORE: Report: Google Fiber Coming to Austin as Cities Race to Increase Web Speeds) The jobs cuts come on top of the 1,500 positions trimmed in December, when the company announced that it was exiting Vietnam and South Korea. The direct seller of beauty products ...
Video: FDA reassessing cigarette warning labels
Stocks opened higher on Wall Street as investors watch the situation in Cyprus, several major computer networks in South Korea crashed, and the FDA is changing its strategy for warning labels on cigarette packs. Erica Ferrari reports.
Found more than 1 month ago on channel CBS
Report: Boeing to cut jobs at second Dreamliner plant
Boeing Co. will cut hundreds of jobs at a South Carolina plant that makes 787 Dreamliners over the course of this year, the Wall Street Journal reported.
Found more than 1 month ago on channel MSNBC
Boeing to cut jobs at second Dreamliner plant: report
SEATTLE - Boeing Co will cut hundreds of jobs at a South Carolina plant that makes 787 Dreamliners over the course of this year, but the move has nothing to do with the recent grounding of the troubled jetliner, the Wall Street Journal reported on Thursday.
Found more than 1 month ago on channel Reuters
United Kingdom: An Accident Weighting To Happen - MacRoberts
The 2012 Northern Irish case of Morrow v Dungannon and South Tyrone Borough Council  NIQB 50 serves as an important reminder of the inherent risks in sporting activity. Injuries can, and often do, occur, however, the law will not always easily sanction compensation.
Found more than 1 month ago on channel Mondaq