Estée Lauder plans to cut up to 2,000 jobs globally after profits dive

Surged in online sales during pandemic not enough to offset temporary closure of outletsCoronavirus – latest updatesSee all our coronavirus coverageEstée Lauder is planning to cut up to 2,000 jobs worldwide as it shuts stores and department store beauty counters after a slump in sales and profits during the coronavirus pandemic.The makeup, skincare and perfume company, which also owns brands such as Joe Malone, Clinique, La Mer and MAC, said it intended to shut between 10% and 15% o