Tag Archives: Cosmetics

Estee Lauder’s Decision to Cut 7,000 Jobs: Navigating a Crisis in the Cosmetics Industry Estee Lauder, one of the world’s most prestigious beauty and cosmetics companies, has announced a significant workforce reduction, laying off up to 7,000 employees. This strategic decision comes in response to declining sales and changing market dynamics that have impacted the entire cosmetics sector. With evolving …