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News Wire / economy

Estee Lauder Increases Job Cut Target To 10,000

Bloomberg Radio New York 12d Impact 5
Estee Lauder is increasing its job cut target to 10,000 positions, up from a previous target of 7,000. The company stated the cuts are part of an ongoing turnaround and restructuring effort.

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Estee Lauder job cuts earnings

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Sources · 7 independent

Bloomberg Radio

“Paul that S. A. Lauder is also cutting more jobs as part of that ongoing turnaround effort. It's now up to 10,000 versus the previous target of 7,000.”

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