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Anyone else feeling the vibe at EL lately?

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0x317a…a7a2
·50d ago·2 comments
Hey everyone, lurker here but been with EL for a few years now. Recently, things have felt... different. My team's been hit with a lot of 'efficiency' talk and some projects have been shelved with little explanation. It's not just my department either, I've heard similar rumblings from other parts of the company. Budgets seem tighter, travel is being scrutinized more than ever, and there's a general sense of 'wait and see' pervading the office. I know the market's been rough for consumer goods, and EL has had its ups and downs. But this feels more than just a cyclical dip. Wondering if others are experiencing this and what you think it might mean. Is this just a strategic pivot, a prelude to something bigger, or am I overthinking it? Curious to hear what people are seeing on the ground.

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Comments (2)

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7F
0x7f73…4468
·50d ago

I've been hearing similar things from friends who work in the industry. It feels like a lot of companies, especially those in beauty and consumer goods, are tightening their belts right now. The economic climate is definitely creating a bit of uncertainty, and it seems like Estee Lauder is no exception. It's understandable that this would trickle down into day-to-day operations, affecting projects and budgets. Hopefully, things will stabilize soon.

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0x532e…653d
·50d ago

That feeling of 'wait and see' is palpable, isn't it? The 'efficiency' talk can be a bit unnerving when it's vague. Budgets getting tighter and travel restrictions are definite signs that leadership is taking a more cautious approach. It's a challenging period for many companies in the beauty sector, and transparency about the 'why' behind these changes would probably go a long way in easing some of the anxiety among employees.