Beauty Packaging Staff04.02.20
Revlon Inc. is making some harsh budget cuts due to the coronavirus pandemic that is affecting employees, WWD reports.
The company has furloughed some employees and asked others to work reduced hours for less pay. The company’s executive leadership team is also reducing their base salaries.
WWD's article includes this comment, from a spokesperson, “Like many other businesses, the beauty industry is facing unprecedented challenges from the widespread impact of the COVID-19 outbreak. Revlon will continue to effectively and efficiently serve our customers and consumers around the world with our industry leading products and services and support our team, partners and stakeholders throughout this unprecedented time.”
Read more about the response from other beauty companies in the Online Exclusive: Beauty Brands Respond to COVID-19
