As a response to shifting domestic and global business conditions, Amorepacific announced a voluntary retirement program internally on December 5. The program applies across multiple group entities, including Amorepacific Holdings, Amorepacific, Innisfree, Etude, Amoreprofessional, Osulloc, and Espoir.

The move signals a broader effort by South Korea’s largest beauty group to recalibrate its cost structure and organizational efficiency as it adapts to slower growth, changing consumer behavior, and structural shifts across global beauty markets.

Eligibility extends to employees with 15 years or more of service in support or offline sales functions, or new employees aged 45 or older. The program will provide 42 months of base salary for employees with 20 or more years of service, while employees with 15 to 20 years of service and new employees aged 45 or older will receive two months of base salary per year of service.

Additionally, the program provides statutory severance pay, unemployment benefits, and comprehensive health checkup support for the individual and their spouse for two years after retirement, among other support services.

This marks the second time such a measure has been implemented since the company’s founding. The first such initiative was launched in December 2020 during the height of the COVID-19 pandemic.

Amorepacific Group stated, “Through this program, we plan to strengthen the overall operational structure of the company while providing practical support to employees who wish to pursue new career paths.”