Recent layoffs in the workforce
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Recent company layoffs - Avon( M. Spencer Green / Associated Press )
Avon Products Inc.
Announced: Feb. 19
Number of layoffs: 3,000 jobs
Reason for the cuts: Avon, which already rolled out a massive restructuring plan several years ago, announced a new strategy that it hopes will bring $200 million in annual savings by realigning certain businesses and outsourcing some services.