Business and financial operations occupations
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Cosmetics firm Revlon Inc.
says it is ending manufacturing operations in Maryland as part of a global reorganization that will eliminate about 250 jobs.
The company refused to say Friday where its local facility is located or how many of the layoffs will hit there. The operation is not likely large — the Regional Manufacturing Institute of Maryland hadn't heard of it and state economic development officials could find no record of it.
Revlon has not sent state regulators a layoff-warning notice, the state Department of Labor, Licensing and Regulation said. The federal Worker Adjustment and Retraining Notification Act generally requires a 60-day notice from companies with at least 100 employees when 50 or more will lose their jobs in a plant closing.
Revlon, in a statement this week, said it is exiting the facility in Maryland, which it leases, and a plant it owns in France
while "rightsizing" its French and Italian operations and "realigning" its operations in Latin America. Revlon didn't specify when the layoffs would come but did say it would take charges related to the moves in the third quarter, which ends Sept. 30.
It expected to save $10 million a year from the reorganization.
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