×
648
Fashion Jobs
COLUMBIA SPORTSWEAR COMPANY
Assistant Merchandising Manager
Permanent · BENGALURU
LAVYA ASSOCIATES
Area Sales Manager-Agency | Life Insurance-Firozabad
Permanent · Firozabad
LAVYA ASSOCIATES
Area Sales Manager-Agency | Life Insurance-Phagwara
Permanent · Phagwara
LAVYA ASSOCIATES
Area Sales Manager-Agency | Life Insurance-Karnal
Permanent · Karnal
LAVYA ASSOCIATES
Area Sales Manager-Agency | Life Insurance-Belagavi
Permanent · Belagavi
LAVYA ASSOCIATES
Area Sales Manager-Agency | Life Insurance-Baddi
Permanent · Baddi
LAVYA ASSOCIATES
Area Sales Manager-Agency | Life Insurance-Moradabad
Permanent · Moradabad
LAVYA ASSOCIATES
Area Sales Manager-Agency | Life Insurance-Idukki
Permanent · Idukki Township
LAVYA ASSOCIATES
Area Sales Manager-Agency | Life Insurance-Garhmukteshwar
Permanent · Garh Mukteshwar
LAVYA ASSOCIATES
Area Sales Manager-Agency | Life Insurance-Ranikhet
Permanent · Ranikhet
TRIANGLE WEAVERS
Production Manager
Permanent · Cherthala
LAVYA ASSOCIATES
Area Sales Manager-Agency | Life Insurance-Kasauli
Permanent · Kasauli
LAVYA ASSOCIATES
Area Sales Manager-Agency | Life Insurance-Calicut
Permanent · Kozhikode
LAVYA ASSOCIATES
Area Sales Manager-Agency | Life Insurance-Balrampur
Permanent · Balrampur
LAVYA ASSOCIATES
Area Sales Manager-Agency | Life Insurance-Nahan
Permanent · Nahan
LAVYA ASSOCIATES
Area Sales Manager-Agency | Life Insurance-Kanchipuram
Permanent · Kanchipuram
LAVYA ASSOCIATES
Area Sales Manager-Agency | Life Insurance-Rishikesh
Permanent · Rishikesh
LAVYA ASSOCIATES
Area Sales Manager-Agency | Life Insurance-Chennai
Permanent · Chennai
LAVYA ASSOCIATES
Area Sales Manager-Agency | Life Insurance-Bareilly
Permanent · Bareilly
LAVYA ASSOCIATES
Area Sales Manager-Agency | Life Insurance-Nainital
Permanent · Nainital
LAVYA ASSOCIATES
Area Sales Manager-Agency | Life Insurance-Kanyakumari
Permanent · Kanyakumari
LAVYA ASSOCIATES
Area Sales Manager-Agency | Life Insurance-Ghaziabad
Permanent · Ghaziabad
By
AFP
Published
May 4, 2016
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Estee Lauder to cut up to 1,200 jobs

By
AFP
Published
May 4, 2016

US cosmetics giant Estee Lauder plans to cut between 900 and 1,200 jobs in a restructuring plan announced Tuesday as it reported modestly lower quarterly earnings.


Twitter @EsteeLauder


The job cuts, which comprise about 2.5 percent of Estee Lauder's workforce, are part of a restructuring effort to save $200 to $300 million annually.

Estee Lauder also said it plans to retrain and redeploy some employees, in part to invest in new products, social media and digital sales.

"Reallocating resources to new capabilities and higher-growth areas, and lowering our cost base will regrettably include selective workforce reductions in certain areas of the company," said chief executive Fabrizio Freda in a statement.

"We will make difficult decisions about affected employees with sensitivity, consistent with the values of our company and will make a concerted effort to retrain and redeploy employees wherever possible."

The restructuring is expected to cost Estee Lauder $600-$700 million in one-time charges.

Net income for the fiscal third quarter ending March 31 was $265.6 million, down 2.4 percent from the year-ago period. Sales rose 2.9 percent to $2.7 billion.

Shares fell 2.7 percent to $94.50 in pre-market trade.New York, May 3, 2016

Copyright © 2022 AFP. All rights reserved. All information displayed in this section (dispatches, photographs, logos) are protected by intellectual property rights owned by Agence France-Presse. As a consequence you may not copy, reproduce, modify, transmit, publish, display or in any way commercially exploit any of the contents of this section without the prior written consent of Agence France-Presses.