Coty Poised to Reshape Its Operating Model in France
Coty Inc. is restructuring its French operations, proposing to cut 155 jobs out of 200, as part of a broader strategic overhaul. The company reported Q1 FY27 net revenue of $1.55 billion, down 1%, but beat estimates. Coty's stock rose 17.9% on the results. The restructuring aligns with the company's strategy to simplify and focus its organization, according to Coty.




