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Estée Lauder to cut up to 7,000 job cuts
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 ...
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 ...
15h
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'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, ...
1d
Cosmetics Major Estee Lauder Q2 Earnings: Sales Slump, Restructuring Deepens, But CEO Bets On 'Beauty Reimagined'
Shares of Estee Lauder Companies fell following the company's FY25 earnings report. The company plans a major restructuring ...
1d
Estee Lauder announces new structure, Jane Hudis as Chief Brand Officer
Stephane de La Faverie, President and CEO of The Estee Lauder (EL) Companies “announced the company’s new organizational structure and ...
1d
on MSN
Estée Lauder outlines Beauty Reimagined strategy, targets double-digit operating margin recovery
Q2 2025 Management View President and CEO Stéphane de La Faverie highlighted the company's new strategic vision, "Beauty Reimagined," to address challenges and restore growth. The five priorities ...
Cosmetics Business
1d
Estée Lauder Companies hires new Executive Vice President, Chief People Officer
Michael Bowes is the first company executive to hold the position and will oversee culture building at the US beauty giant ...
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