Kenvue to close LA Neutrogena office
THE WHAT? Kenvue has announced that it is shuttering its Neutrogena office in Los Angeles, resulting in lay offs for 84 staff. The company, which was formerly a part of Johnson & Johnson, is consolidating operations in New Jersey.
THE DETAILS According to a report published by Bloomberg, 74 employees have been offered relocation packages. Kenvue is restructuring other parts of its business too, resulting in the loss of 51 roles at its New Jersey HQ.
THE WHY? The closure is aimed at boosting growth and improving collaboration between brands, Bloomberg reports, citing a spokesperson from the company as its source.
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