The Estée Lauder Companies increased its planned job cuts. It now plans to eliminate 9,000 to 10,000 positions. This is an increase from the earlier estimate of 5,800 to 7,000 roles. Over 70% of these additional cuts affect point-of-sale demonstration roles. These reductions are part of a shift towards high-growth channels.
https://www.happi.com/breaking-news/more-layoffs-at-estee-lauder/