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Cosmetics company Estee Lauder announced on Monday that it will cut up to 5% of its global workforce as part of a restructuring plan.
The company, which employs about 62,000 people worldwide, said the layoffs will affect up to 3,000 positions.
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An Este Lauder location in Hong Kong. (Budrul Chukrut/SOPA Images/LightRocket via / Getty Images)
Estee Lauder said the cuts stem from a new restructuring program focused on “the reorganization and rightsizing of certain …
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