International well-known cosmetics company revlon cuts

Cosmetics giant revlon international inc. ( RevlonInc) ( NYSE：REV) Month day announced that due to the rising cost of raw materials, the weakness in the European business, as well as the China market slowdown, to cut jobs, equivalent to about % of the total number of employees, and shut down two plants. As a major restructuring, the company says a content, plans to close plants in France, and rent a factory in Maryland, transferring the plant's production to other factories or a third party. The company will also integrate France and Italy, and will combine Latin American and Canadian business. The company said it will be included in the restructuring of the thousands of dollars in q3 spending, including $employee related expenses, and other spending thousands of dollars, including writedowns. The company expects the restructuring will make the company in the annual savings $, and, after several years, will save thousands of dollars every year. According to introducing, the main cause of the layoffs is: raw material prices, a weak European operations, the China market slowdown, the company revenue decline. Revlon revenue grew in the second quarter. %, revenue growth in the United States and Latin America is Europe, the Middle East, Asia Pacific and Africa offset by lower revenue. Revlon company was established in New York, an international well-known cosmetics company, business throughout Europe, the americas, Asia countries. As a professional marketing cosmetics, body care, perfumes and personal care products industry of the world leaders, revlon to 'keep full of charm, passion and innovative high quality products at reasonable prices to provide customers' concept, in the industry. Previously, revlon company owns about employees. Editor: note: WWW. hzpzs。 Net editor: note: henan