You’ve read all of your free items this month. To register, get added benefits and unlimited access to articles, Become a Member. Already a Member? Sign in. Advertising Age Article Abstract L'Oreal to Lay Off 500 U.S. Employees Faces New Competition From Smaller Rivals Revlon, Alberto-Culver By Jack Neff, Published on December 18, 2008 1 Want more Access, Content & Connections? Upgrade to Membership. We are glad you are enjoying Advertising Age. To get uninterrupted access and additional benefits, become a member today. Become a Member Already a member? Log in.