The parent company of Bourjois, Rimmel, and Marc Jacobs to cut 155 of its 200 jobs in France

The American cosmetics and perfumes group Coty (Marc Jacobs, Calvin Klein, Rimmel, Bourjois, etc.) plans to cut 155 positions out of 200 in France, according to the CGT and the CFDT. This “proposal”, decided after an “examination of its activities”, is part of “Coty’s strategy aimed at establishing a simpler, more targeted and more sustainable organization”, indicates a spokesperson for the group. He does not comment on the figures put forward by the unions.

“This includes a restructuring plan for the beauty business and a review of the operating model for “prestige” products in France.” In the midst of a transformation, Coty announced last year the launch of a strategic review of its consumer cosmetics division to refocus on perfumery with the merger of the “prestige” and “consumer public” perfume divisions, after having mentioned restructurings expected to affect 700 positions. Profit up 64% The PSE (employment protection plan) was unveiled on Friday for France.

Coty employs some 200 people in France, including around a hundred based in Paris (marketing, sales, supply chain), and around fifty “salespeople and promoters” on the ground, according to the CGT. Nearly a hundred positions dedicated to sales in supermarkets will disappear, according to her. On Wednesday, Coty published an increase in profit from July to the end of September (+ 64%), supported by demand in its main markets as well as the sale of one of its licenses, at $106 million.

Union sources suspect the group of wanting to “liquidate staff” to more easily resell cosmetic brands like Bourjois and Rimmel. Pending an information meeting at the end of November, they are planning a rally in Paris in front of the group's headquarters.

Machine-translated from French