A specific layoff date has not been disclosed.
Based on news reporting.
The Estée Lauder Companies Inc. has announced plans to reduce its workforce by up to 10,000 roles. This decision reflects the company's response to ongoing challenges in the retail sector and aims to streamline operations. While specific details regarding the timeline and affected locations have not been disclosed, the anticipated cuts signify a significant restructuring effort within the organization. The company is adapting to shifting market conditions and consumer behaviors, which have impacted sales and profitability.
The Estée Lauder Companies Inc. cut 10,000 jobs.
That is roughly 22.7% of the 44,020 people The Estée Lauder Companies Inc. employs.
LayoffTalk has tracked 14 layoff events at The Estée Lauder Companies Inc. since October 2023, affecting a combined 25,504 employees.
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Estimated figure based on news reporting. Not yet confirmed by The Estée Lauder Companies Inc..
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