Estée Lauder ramps up job cuts as tariff war looms

Quick Summary:

The beauty company is expanding its restructuring programme, warning of global volatility.

The opening salvos have been fired in Trump's trade war - what comes next?

The cost-cutting measure was revealed as it also said in its results that it had made a loss of $590m (£474m) in the three months to December as people spent less in China and Korea.

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Article Details

Category: Business

Markets: United KingdomAustraliaCanadaChinaIndonesiaIrelandMadagascarMexicoSwitzerland

Topics: Trade Jobs Business Brands Firm Company Tariffs Estée Lauder

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-04 @ 17:20:48 (11 hours ago)

News Timezone: GMT +0:00

News Source URL: bbc.com

Language: English

Article Length: 571 words

Reading Time: 4 minutes read

Sentences: 28 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BBC Business

News ID: 25893208

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Official Website: bbc.co.uk

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