Estee Lauder to Lay Off up to 2,000 Employees, Close up to 15 Percent of Stores

Estee Lauder to Lay Off up to 2,000 Employees, Close up to 15 Percent of Stores
Estee Lauder in Queens, NY. Google Maps
Jack Phillips
Updated:

Estee Lauder announced Thursday it will lay off up to 2,000 employees and close a portion of its 1,500 stores around the world.

The beauty products company said that 10–15 percent of its stores will be shut down.

Jack Phillips
Jack Phillips
Breaking News Reporter
Jack Phillips is a breaking news reporter who covers a range of topics, including politics, U.S., and health news. A father of two, Jack grew up in California's Central Valley. Follow him on X: https://twitter.com/jackphillips5
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