Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Estée Lauder Companies, a US-based manufacturer and marketer of cosmetics, including makeup, skincare, perfume, and hair care products, will lay off 150 employees in its Romanian technology center by the end of 2025. The Estée Lauder Companies Bucarest technology center, one of three such centres by globally, was established in April 2023 to provide support information technology functions to the group.
The representative of the company that the closing of the Bucharest center is part of the company’s efforts to optimise global operations and better serve the consumers.
Estée Lauder Companies is undergoing a restructuring plan called ‘Beauty Reimagined’, announced in the summer, which includes significant layoffs. The company has approved 3,200 layoffs and could eliminate up to 7,000 jobs in total by the end 2026 to improve profitability and adapt to weaker sales in markets such as China and travel retail: Estée Lauder 2025 - WO.
By the end of 2024, the company had a workforce of 170 persons in Romania.
Eurofound (2025), Estée Lauder, Internal restructuring in Romania, factsheet number 203796, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/203796.