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Avon to Eliminate 400 Jobs

Avon says it plans to cut about 400 jobs when it shuts down an Ohio manufacturing facility.
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NEW YORK (TheStreet) -- Avon (AVP) - Get Report announced that it plans to cut about 400 jobs when it shuts down an Ohio manufacturing facility.

The company expects to begin shuttering operations at its Springdale, Ohio plant in December and laying off workers beginning in mid-December continuing into the back half of second quarter 2012.

Avon said none of the affected workers are represented by unions.

Job cuts look to be affecting a wide range of job functions, according to Avon's notification to the Ohio Department of Job and Family services.

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The notification indicates that the largest number of jobs to be affected fall in the supplier operator category. For the first, second and third job shifts, 82, 64 and 16 employees will be affected, respectively.

Work at the plant will be transferred to a manufacturing plant in Morton Grove, IL and Celaya, Mexico; an Avon facility in China and a contract manufacturer in New Jersey.

The closure comes as Avon restructures its U.S. manufacturing operations.

On Oct. 12, shares of Avon jumped amid reports that the beauty giant was to be taken over, possibly by

L'Oreal

.

-- Written by Andrea Tse in New York.

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