The Financial News

The Financial News

Estee Lauder to cut up to 3,000 more jobs, pursues Puig deal


Estée Lauder raised its annual profit forecast and announced up to 3,000 additional job cuts as part of a broader restructuring. Shares rose as total expected layoffs reached up to 10,000, or about 17.5% of its global workforce. #news #News #Reuters #Newsfeed #esteelauder #luxury #retail

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