Estee Lauder Companies Announces Layoffs at Aveda Facility
SOURCENews reportView the filing ↗
What we know
Location: Minneapolis, Minnesota, USA.
Department affected: Aveda Facility.
Based on news reporting.
Summary
The Estée Lauder Companies Inc. has announced layoffs affecting approximately 200 employees at its Aveda facility in Minneapolis, Minnesota. This decision comes as part of the company's restructuring efforts aimed at streamlining operations and adapting to changing market conditions. The layoffs are expected to take effect on October 1, 2023, as the company seeks to optimize its workforce in response to economic challenges. The Aveda brand, known for its natural beauty products, is undergoing significant changes to remain competitive in the industry.
LayoffTalk has tracked 11 layoff events at The Estée Lauder Companies Inc. since October 2023, with 11 additional events known from news reporting.
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