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This article was originally published in The Rose Sheet

Executive Summary

Cutbacks include the reduction of 200 U.S.-based employees and approximately 80 vacant posts in the company's New York and New Jersey locations, Revlon says Dec. 8. The layoffs will occur before Dec. 31 as part of Revlon's previously announced restructuring program. The majority of the staff reductions will take place at the company's New York City headquarters and New Jersey office, where staff will be cut by 11% and 6%, respectively. The cutbacks are in addition to the original 1,000 to 1,200 layoffs that occurred earlier in the year (1"The Rose Sheet" Jan. 18, p. 12)

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