Estée Lauder closes the Global Technology Center in Bucharest, opened in Bucharest in April 2023 and lays off approximately 150 employees.

Estée Lauder is undergoing a restructuring process that has already led to the loss of over 3,200 jobs globally just this year. In this context, the company has announced the closure of the Global Technology Center in Bucharest, recently opened, motivated by Romania's position as a leader in the IT talent field. At the inauguration of the center, Estée Lauder occupied 5,400 square meters in the Matei Millo office building, developed by Forte Partners. The closure of this center is part of the company's efforts to optimize operations and better respond to consumer needs.