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Article posted: 12/12/2012 7:33 AM

Avon Products to cut 1,500 jobs, leave 2 markets

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Avon Products says it will cut about 1,500 jobs and exit two Asian markets as the struggling beauty products seller takes some initial steps toward its cost-cutting goal.The New York company will leave South Korea and Vietnam to focus on high priority markets as part of a push to save $400 million by 2015. The initial steps are expected to be largely completed by the end of next year.
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