Avon plans to cut over 400 jobs, exit Ireland

April 8 Mon Apr 8, 2013 7:30am EDT

April 8 (Reuters) - Avon Products Inc said on Monday it plans to slash more than 400 jobs as part of a previously announced cost-cutting initiative.

The job cuts will occur across all regions and functions. The company will also get out of the Ireland market.

Total charges related to the cuts are expected to range from $35 million to $40 million, with about $20 million of that being recorded in the first quarter of 2013, the company said.