Cosmetics firm Estee Lauder says it is to cut up to 2,000 staff after the coronavirus pandemic caused a hit to sales.
Sky Business News Articles
Survey finds 12% of workers still on furlough as scheme winds down
Around one in eight workers remains on furlough as the job retention scheme is wound down, latest figures show.
Just one in six back in the office as PM’s ‘return to work’ plea ignored
Just one in six workers have gone back to work in cities this summer after companies and staff ignored government pleas to return, leaving economic activity deeply depressed and placing thousands of small businesses at risk of collapse.
Boots to sell Mothercare products as delayed deal sealed
Mothercare has finalised a delayed deal with Boots to sell its goods across the chain from the autumn.
£6.5bn Asda sale lures British retail heavyweights
Two of Britain's top retail bosses are being lined up to front rival £6.5bn bids for the supermarket chain Asda.
Government defends use of consultancy to lead roll-out of UK’s new contact-tracing app
The roll-out of the government's new contact-tracing app is being led by staff from consultancy Accenture, which has received more than £850,000 for 10 weeks' work, Sky News can reveal.
Qantas posts £1bn loss due to COVID-19 turbulence – and US flights may not resume without vaccine
Qantas has posted an annual loss of £1bn as it wrestles with the global travel havoc caused by the coronavirus pandemic.
Google services including Gmail hit by serious disruption
Google services including Gmail, Drive and Docs were disrupted for almost six hours this morning.
Mike Ashley’s retail empire sees profits slump by a fifth
Mike Ashley's retail empire, which includes House of Fraser, has warned of further store closures after profits slumped by a fifth.
Why Donald Trump has demanded Americans boycott Goodyear
President Trump has demanded that Americans boycott Goodyear after the tyre company urged staff not to wear political attire in the workplace.