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Layoffs Tag

28 Sep

Layoffs Hit Rodan + Fields – WWD

Layoffs Hit Rodan + Fields – WWD
The wonder industry job cuts in California proceed. After Proactiv parent company Alchemee cut 89 jobs, one other WARN notice filed within the state of California revealed 76 layoffs have been made at Rodan + Fields’ Bay Area office. The antiaging skincare line was began by Proactiv founders and practicing dermatologists Dr. Katie Rodan and Dr. Kathy Fields in 2000. It was acquired by The Estée Lauder Cos., but repurchased by Rodan and Fields in 2007 and relaunched the next 12 months with a direct-sales model, constructing a network of independent consultants to sell products. ​​Within the spring of 2018, TPG made a strategic minority investment in Rodan + Fields. A spokesperson said: “Rodan + Fields has made some organizational changes to optimize the corporate’s...
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6 Jul

Estée Lauder Layoffs at Smashbox, Too Faced, Glamglow –

Estée Lauder Layoffs at Smashbox, Too Faced, Glamglow –
Trouble in California? While the Estée Lauder Cos. has been grappling with much talked-about issues in China as its travel retail market did not bounce back after the coronavirus pandemic, it’s also been quietly coping with other struggles out West. Its California brands — Smashbox, Too Faced and Glamglow — have all initiated layoffs previously 12 months as those businesses face challenges, while international operations have also been scaled back for some. As a part of that, there shall be 22 employees laid off at Too Faced’s office in Irvine, in accordance with filings by the California Labor Department first reported by Retail Dive. The makeup brand founded by Jerrod Blandino and Jeremy Johnson within the ’90s was acquired by Lauder in 2016...
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8 Sep

These Are The Tech Corporations That Have Made A

These Are The Tech Corporations That Have Made A
After two years of mass hirings, we’re now in a reversal period. Tech corporations each large and small have cut jobs, including Netflix, which cited the results of the COVID-19 pandemic and overhiring during rapid growth periods. Other tech giants like Robinhood, Twitter, Glossier and Higher are a component of a growing list which can be continually letting people go. Recent data from LinkedIn shows that fintech has also been trimming their workforce. Forbes reported that Chicago-based debit card company M1, reduced its team of 369 people to 349 in a single month. Neobank reported a slight decrease in employees on LinkedIn as well. PointCard, a debit rewards startup reported 105 employees in January and now it’s right down to 61. Retail...
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