Estee Lauder to cut up to 7,000 jobs as sales slide
Estee Lauder said it’s expanding its restructuring plan to include job cuts anywhere from 5,800 to 7,000 by fiscal 2026 as the global beauty company tries to boost sales and profits.
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2 viewpointsEstee Lauder to cut up to 7,000 jobs as sales slide
Estée Lauder sinks nearly 20% on weak quarterly sales; plans to slash up to 7,000 jobs