Avon to eliminate about 1,200 positions by 2013
AP Business Writer NEW YORK Avon Products Inc. said Wednesday that it will eliminate about 1,200 positions, or about 2.8 percent of its oevrall work force, by 2013 as part of restructuring efforts amid a recession that has dampened demand for the company's cosmetics.
Retail Writer Beauty products seller Avon Products said Friday that its chairman and former CEO Andrea Jung will step down at the end of the year, ending her 18-year tenure at the company.