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Estee Lauder plans up to 7,000 job cuts amid restructuring, despite beating sales forecasts.
Estee Lauder is expanding its restructuring plan with up to 7,000 job cuts to improve profits and manage external challenges like potential tariff increases.
Despite the cuts, the company beat sales expectations, with a 6% drop to $4 billion, better than the predicted 7.3% decline.
The company anticipates incurring between $1.2 billion and $1.6 billion in restructuring and other charges.
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Estee Lauder planea hasta 7.000 recortes de puestos de trabajo en medio de la reestructuración, a pesar de superar los pronósticos de ventas.