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Estée Lauder to cut up to 7,000 jobs
Estée Lauder cuts 7,000 jobs amid restructuring
The company anticipates restructuring and other charges of between $1.2bn and $1.6bn as it overhauls the business.
Estée Lauder, with a big presence in Suffolk, to cut up to 7,000 jobs worldwide
Estee Lauder said it's expanding its restructuring plan to include job cuts anywhere from 5,800 to 7,000 by fiscal 2026 as the global beauty company tries to boost sales and profits.
Massive Job Cuts At Estée Lauder, Up To 11% Or 7,000 Employees, After Quarterly Sales Decline 6%
Estee Lauder will lay off between 5,800 and 7,000 employees after second-quarter sales plummeted 6% and operating income tanked to a $580 million loss.
2d
on MSN
Estée Lauder has lost $100 billion in value in the past three years. How a big bet on China dragged down a luxury legend
Estée Lauder faces its next fraught rendezvous with Wall Street on Tuesday, when the struggling Fortune 500 beauty giant ...
1d
Estee Lauder Layoffs Languish EL Stock
Cosmetics company Estee Lauder (EL) saw its stock plummet on Tuesday after announcing plans to cut up to 7,000 jobs. The ...
13h
Estee Lauder to axe up to 7,000 jobs amid the threat of a trade war triggered by Donald Trump
The US beauty group, whose brands include Clinique and Bobbi Brown, said it will increase the number of job losses from 3,000 ...
1d
on MSN
Estée Lauder Revenue Beats Estimates
Estée Lauder Companies (EL -18.82%), a global leader in beauty products, reported its fiscal 2025 second-quarter earnings on ...
6h
on MSN
The Estée Lauder Companies Inc. (NYSE:EL) Q2 2025 Earnings Call Transcript
Q2 2025 Earnings Call Transcript February 4, 2025 The Estée Lauder Companies Inc. beats earnings expectations. Reported EPS ...
1d
Why Estée Lauder Stock Crashed on Tuesday
Estée Lauder (NYSE: EL) stock suffered a makeup malfunction on Tuesday. Shares of the cosmetics giant tumbled 18.3% through ...
2d
on MSN
Is Estée Lauder a Buy, Sell, or Hold in 2025?
The stock is down a whopping 78% from its peak during the pandemic, as a combination of weakness in China, market share ...
1d
on MSN
Estée Lauder's SWOT analysis: stock faces china headwinds amid leadership shift
The Estée Lauder Companies Inc. (NYSE:EL), a global leader in prestige beauty with a market capitalization of $24.8 billion, ...
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