[16:30] Estee Lauder to cut up to 7,000 jobs

Estee Lauder has today expanded a restructuring plan under its new CEO that would now include up to 7,000 job cuts, while also forecasting third-quarter profit below estimates, blaming persistent demand weakness especially in Asia.

https://www.rte.ie/news/us/2025/0204/1494683-estee-lauder-job-cuts/

#EsteeLauder #today #7,000 #third_quarter #Asia