Estee Lauder raises planned reductions to up to 10,000 roles
SOURCENews reportView the filing ↗
What we know
Based on news reporting.
Summary
Estee Lauder said on 1 May 2026 that its Profit Recovery and Growth Plan would now reduce headcount by 9,000 to 10,000 roles, up from the 5,800 to 7,000 estimated when the programme was announced in February 2025. More than 70% of the increase relates to point-of-sale demonstration roles at underperforming department stores and freestanding locations. The company targets savings of up to $1.2bn.
The Estée Lauder Companies Inc. cut 10,000 jobs as of May 1, 2026.
That is roughly 22.7% of the 44,020 people The Estée Lauder Companies Inc. employs.
LayoffTalk has tracked 9 layoff events at The Estée Lauder Companies Inc. since October 2023, with 9 additional events known from news reporting.
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