Sephora Restructuring: 117 Layoffs, 132 New Jobs

The beauty retailer has cut 117 full-time jobs, about 7 percent of the corporate workforce, including some roles related to J.C. Penney stores, the company said.
As part of the plan, Sephora has created 132 new full-time roles. Terminated employees “will have the opportunity to interview for the newly created full-time positions,” the company said.
Sephora has faced challenges as a result of the coronavirus, but the company said it had been reviewing its corporate structure for “over a year” as it looked to grow in a “rapidly evolving environment.”