The Estée Lauder Companies will eliminate up to 3,000 jobs as part of a two-year restructuring program. The move includes the “reorganization and rightsizing of certain areas of the company as well as simplification and acceleration of processes.” More specifically, ELC will eliminate in the range of approximately 1,800 to 3,000 positions globally. That represents about 3-5% of its positions including temporary and part-time employees as of June 30, 2023. This reduction takes into...