L'Oréal China Addresses Hong Kong Layoff Rumors: News Unfounded, Company Developing New Operating Model
1 week ago / Read about 0 minute
Author:小编   

L'Oréal China has issued a clarification stating that reports claiming the L'Oréal Group intends to lay off 90% of its staff in Hong Kong, China, are untrue. Instead, the company is engaged in a process of optimizing its organizational structure aimed at fostering a more coordinated development between the Hong Kong and mainland markets. This strategic move aims to harness the strengths of both regions to better serve consumers, particularly in the Greater Bay Area market.