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Tag

beauty sector

1 article

U.S. Equities40d ago

Estée Lauder Deepens Restructuring to 10,000 Cuts, Raises Profit Guidance on Puig Deal Path

The beauty group expanded its cost-cutting program to eliminate up to 10,000 jobs and generate $1.2 billion in savings as merger talks with Puig advance and it shifts spending toward digital retail.