Pure Beauty

Chanel slashes 70 US jobs to ‘protect the business’

By Amanda May | Published: 27-Jan-2025

Cuts to the luxury house’s US workforce follow previous moves to limit spending and come amid a warning of challenges in the luxury market

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Chanel is cutting 70 US jobs as it warns of a “challenging environment” in the luxury goods market. 

The staff cuts follow previous moves to limit spending and represent approximately 2.5% of the luxury French house’s workforce in the region.

The job cuts come after a wider downturn in demand for high-end goods since the post-Covid-19 pandemic boom.

“To better adapt to the current economic challenges, Chanel, Inc., after careful deliberation, has made the difficult decision to adjust its workforce,” read a company statement sent to Cosmetics Business.

“This challenging decision has been made following previous various steps to protect the business and limit spending.   

“Chanel, Inc. deeply regrets the impact this

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