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Kenvue Beats Quarterly Estimates, Announces Job Cuts

The consumer health company beat fourth-quarter estimates and announced a global workforce reduction as it proceeds toward a planned $40 billion-plus takeover.
A collage of beauty products
Kenvue's stable of brands includes some of the best-known mass lines like Neutrogena. (BoF Team)

Tylenol-maker Kenvue on Tuesday beat Wall Street estimates for fourth-quarter results and announced a global workforce reduction, as it proceeds toward a planned takeover by Kimberly-Clark.

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