Brands
Google Cloud names Vaibhav Gawde as head of customer engineering, Apac data management and database cloud
Tech veteran to lead customer engineering for data and database cloud across Apac
SINGAPORE: Google Cloud has elevated Vaibhav Gawde to head of customer engineering for Apac data management and database cloud, expanding his leadership remit across the Asia Pacific region.
In his new role, Gawde will lead teams that work with some of the region’s largest enterprises, helping them modernise their data foundations and adopt advanced database and cloud technologies. His focus will be on enabling scalable data architectures, accelerating innovation and supporting organisations as they navigate complex digital transformation journeys.
Based in Singapore, Gawde will steer Google Cloud’s customer engineering organisation for its database business across Apac. A key part of his mandate includes shaping the company’s “data-to-AI” go-to-market strategy, positioning modern data infrastructure as a stepping stone for generative AI adoption.
He will also work closely with sales leadership to drive cloud consumption among large enterprises while removing technical roadblocks that often slow digital transformation. Internally, he is tasked with nurturing a practitioner-first culture aimed at attracting and retaining top technical talent across the region.
Gawde joined Google in 2021 and previously served as head of customer engineering for financial services in India before moving into the role of principal architect for financial services across Apac. In those roles, he led C-suite engagements with banks and insurers to design AI-led cloud and data strategies.
Before Google, Gawde spent over a decade at Oracle, where he led India sales consulting and worked on technology strategies spanning cloud infrastructure, databases and enterprise systems for large BFSI and telecom clients.
With more than three decades in enterprise technology, Gawde’s career has moved from building mission-critical infrastructure to helping businesses rethink their data strategy in the age of AI. His latest promotion signals Google Cloud’s growing focus on data platforms as the bedrock of the next wave of digital innovation.
Brands
Estée Lauder to shed 10,000 jobs as new boss bets on digital shift
The cosmetics giant raises its profit outlook but stays silent on a possible merger with Spain’s Puig, as job cuts deepen and a three-year sales slump weighs on the turnaround
NEW YORK: Stéphane de La Faverie is not done cutting. Estée Lauder announced on Friday that it plans to eliminate as many as 3,000 additional jobs, taking its total redundancy programme to as many as 10,000 roles, up from a previous target of 7,000 announced a year ago. The company, which owns La Mer, The Ordinary, Tom Ford, and Aveda, employs roughly 57,000 people worldwide. The mathematics of what is now being contemplated is stark.
The fresh round of cuts is expected to generate a further $200 million in savings, bringing the total annual savings from the programme to as much as $1.2 billion before taxes. That money, De La Faverie has made clear, will be ploughed back into the turnaround.
A CEO in a hurry
De La Faverie, who took the helm in January 2025, inherited a company that had endured three consecutive years of annual sales declines. His response has been to move fast and cut deep. A significant portion of the latest redundancies reflects his push to reduce headcount at US department stores, long a cornerstone of Estée Lauder’s distribution model but now a channel in structural decline. In their place, he is accelerating the shift toward faster-growing online platforms, including Amazon.com and TikTok Shop, a pivot that is reshaping not just where Estée Lauder sells but how it thinks about its customers.
The numbers are moving in the right direction
Despite the pain, there are signs the medicine is working. Estée Lauder raised its profit outlook for the remainder of the fiscal year, guiding for adjusted earnings per share in the range of $2.35 to $2.45, above analyst estimates and a notable step up from the $2.05 to $2.25 range it had guided for in February. Organic net sales growth is expected to come in at 3 per cent, the company said, at the high end of the range it set out in February.
The share price tells a mixed story. After De La Faverie took charge, the stock surged nearly 60 per cent, buoyed by investor optimism that a longtime company insider could finally arrest the decline. But 2026 has been rougher: the shares have fallen 27 per cent this year, weighed down by disappointing February results and the overhang of unresolved merger talks with Spanish beauty giant Puig Brands SA. The company gave no additional details about those discussions on Friday, leaving the market to guess.
Silence on Puig
The proposed tie-up with Puig remains the most consequential unknown hanging over Estée Lauder. A deal with the Barcelona-based group, which owns brands including Carolina Herrera and Rabanne, would reshape the global luxury beauty landscape. But with nothing new to say and a turnaround still very much in progress, De La Faverie is asking investors to trust the process.
Three years of sales declines, 10,000 job cuts, and a merger that may or may not happen. At Estée Lauder, the overhaul has barely started.
