More Layoffs at Estée Lauder
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
Estée Lauder is planning to cut additional jobs, with reports varying on the number of reductions, ranging from up to 3,000 to as many as 10,000. The layoffs are part of the company's efforts to restructure, and some reports suggest they are also related to a potential deal with Puig. The job cuts come as the company has seen a slight increase in sales, with a 2% rise reported.
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