Southern Finance and Economics, February 6th - The news of Est é e Lauder announcing layoffs has attracted attention. Before the US stock market closed on February 5th Eastern Time, Est é e Lauder announced a restructuring plan on its official website, which includes laying off 3% to 5% of its employees. The restructuring plan will begin in the third quarter of fiscal year 2024, and specific measures are expected to be completed by the end of fiscal year 2026. Est é e Lauder also stated that as part of the plan, the Est é e Lauder Group will adjust some relevant positions globally to create a more agile and efficient organizational structure. Est é e Lauder Group has no major adjustment plans in the Chinese market, and the profit recovery plan will help empower the Chinese team and better adapt to the development status of the Chinese market. (Zhongxin Longitude and Latitude)