No , not at all. It doesn't for me. My hands are so dry it soaks it right up. I feel no greasiness at all. What it does do is leave my hands feeling like silk. Even my husband says my hands feel like I'm wearing silk gloves. It's wonderful without all the greasiness.
I HATE greasy lotion that makes u feel slippery after using it. THIS IS NOT ONE OF THOSE! I felt no greasy residue after usi it and my skin quickly "drank" it all up. My skin was left feeling smooth and soft not greasy, slippery or icky
I'm used to using greasy lotion because my skin is so dry I need it to stay on, however this is great because it absorbs into your skin, so it doesn't feel greasy and it still keeps it moisturized and hydrated.
St. Ives lotion leaves my hands silky soft and moisturized. It is not greasy at all. If you check out their website, it explains how their products helps your skin to remain hydrated throughout the day.