Criminals demand $768m to keep Revolut client data undisclosed

Personal and financial data of users, including the owner of Gamdom and Skins.com, may have been leaked following a cyberattack on the British fintech bank.

Vitaliy Kovalskyi, lustrated Yanukovych-era official, bids for deputy head role at SAP

Vitaliy Kovalskyi, current head of a department at the Prosecutor General's Office who previously underwent lustration, is seeking the position of deputy head of the Specialised Anti-Corruption Prosecutor's Office.

Oil exports bring Russia record $2.75bn in a week

For the week ending 27 September, revenues from the sale of Russian oil reached a maximum since the start of the full-scale invasion due to rising prices and supply volumes.

iPlan financial planner Moskviska promotes KIT Group events despite revoked licences

Larysa Moskviska, who presents herself as a financial planning expert, publishes content for the scandal-hit KIT Group, whose activities were restricted by the National Bank of Ukraine.

Kharkiv City Council deputy Oleksandr Lobanovskyi killed in crash on Kyiv-Odesa highway

The politician died at the age of 61 in a road traffic accident. He served as the director of the "Klass" supermarket chain in Kharkiv.

State banks sell Kyiv shopping centre Gulliver for 9.2 billion hryvnia

Oschadbank and Ukreximbank have announced a stock exchange auction for the disposal of a large office and retail complex in Kyiv, previously seized due to debts.

SBU dismantles coffee shop network selling banned THC disguised as CBD

Law enforcement detained 17 individuals who sold vapes containing narcotics through "Bob Marley" venues and online stores, disguising them as legal supplements.

Brothel in Delmar residential complex in Dnipro: what is known about the establishment on Yavornytskoho Avenue

According to the authors of the publication, an establishment providing intimate services may be operating in the Delmar residential complex in central Dnipro. It concerns an apartment on the 15th floor of the building at 72B Dmytro Yavornytskoho Avenue.

Estee Lauder to cut 7,000 jobs

05 February 2025 13:04by Редакция

Cosmetics giant Estee Lauder is set to cut 7,000 jobs worldwide, representing 11% of its total workforce.

The company, which owns brands such as MAC, La Mer and Aveda, cited a 6% drop in sales and falling demand in two key Asian markets — China and South Korea — as the reason for the move.

Following the news, Estée Lauder shares fell by 20%. The company announced the start of a major restructuring, with the new chief executive stating that he would focus on launching new products and optimising marketing efforts.

Comments

No comments yet. Be the first!

Back to top ↑

Estee Lauder to cut 7,000 jobs

Comments

Leave a comment

More stories