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Shiseido Americas to Undertake ‘Wide-Ranging’ Layoffs

The Japanese beauty conglomerate will “significantly reduce” its US workforce as it grapples with slowing sales and a tough macroeconomic climate.
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Source: Drunk Elephant (Drunk Elephant)
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Shiseido Americas announced it would undertake a “wide-ranging and significant reduction” to its workforce in an internal memo from interim chief executive Alberto Noé to staff on Wednesday. First reported by the anonymous Instagram account Estée Laundry, the company confirmed to

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About the author
Daniela Morosini
Daniela Morosini

Daniela Morosini is Senior Beauty Correspondent and Special Projects Editor at The Business of Beauty at BoF. She covers the global beauty industry, with an interest in how companies go to market and overcome hurdles.

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