# At the upper end, the new target would amount to about 17.5% of Estée's global workforce of 57,000.

*business · news · 2026-05-01 · Reuters*

## Key points

- Estée Lauder may cut up to 17.5% of its global workforce by June 2025.
- Over 70% of the new layoffs will be department store roles as focus shifts to digital channels.
- Estée Lauder is in merger talks with Puig to bolster its fragrances business.
- The Iran conflict reduced quarterly sales by 1% and is expected to impact Q4 by 2%.

**Companies:** Estée Lauder
**Countries:** United States, China, United Arab Emirates

[Read the full story on Reuters](https://www.reuters.com/business/world-at-work/estee-lauder-cut-up-3000-more-jobs-it-pursues-puig-deal-2026-05-01/)

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