WASHINGTON (dpa-AFX) - Coty, Inc. (COTY) launched the next phase of its transformative All-in to Win program. The company will streamline the organizational structure across key markets. Coty estimates the initiative will impact approximately 700 positions, following all necessary regulations. The one-time cash costs associated with the program are expected to be approximately $80 million, roughly evenly split between fiscal 2026 and fiscal 2027.
The company said the combination of the fixed cost savings program and ongoing productivity savings is expected to deliver close to $500 million of savings between fiscal 2025-fiscal 2027.
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