Why Estée Lauder Is Cutting 7,000 Jobs to Rebuild Growth
Estée Lauder is under pressure after slowing sales in China, weak innovation, and more market share losses sent its stock down nearly 50% in 2024. In this video, we break down the turnaround plan now led by Stéphane de la Faverie, including a restructuring push that could cut up to 7,000 jobs and cost as much as $1.6 billion by fiscal 2026. For buyers tracking beauty product manufacturers and the wider cosmetics market, this is a sharp look at how one of the industry's biggest names is trying to recover. The big question is whether Estée Lauder can reset growth or whether this marks the end of an era.
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