December was another active month for beauty conglomerates, with restructuring in Unilever's C-suite amid plans to slash 7,500 office-based roles globally to achieve total cost savings of around 800 million euros between 2024 and 2027. As part of that plan, the group is aiming to cut a third of all office roles in Europe by the end of this year, representing about 3,200 jobs.Amorepacific announced a voluntary retirement program 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.Industry rumors swirled around the future of one of beauty’s oldest contract manufacturers, which is reportedly exploring “strategic options.” Mana Products furloughed its workforce and faces an uncertain future.Sue Nabi steps down after five years as CEO of Coty amid pressure on its mass-market business and a steep share-price slide. The conglomerate named Procter & Gamble veteran Markus Strobel as executive chairman and interim CEO. Strobel, who spent over three decades at Procter & Gamble and most recently led its global skin and personal care division. He will also succeed Peter Harf as executive chairman, who is retiring after more than 30 years on Coty’s board. Harf also stepped down this year as chair and managing partner of JAB Holding, Coty’s largest shareholder.