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 ...
Popular beauty brand makes startling announcement about mass layoffs
The global powerhouse announced thousands of employees will lose their jobs amid declining sales and the company will enact a ...
Estee Lauder to cut up to 7,000 jobs
Estee Lauder announced on Tuesday that it plans to slash up to 7,000 positions from its workforce. The cosmetics company said ...
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 ...
Estee Lauder expands restructuring plan with 7,000 job cuts, posts sales beat
Estee Lauder on Tuesday expanded its restructuring plan that would include up to 7,000 job cuts and posted ...
The Motley Fool3d
Is Estée Lauder a Buy, Sell, or Hold in 2025?
Estée Lauder stock has plunged since the pandemic. China sales have been weak, and the company is losing market share elsewhere. Management announced a turnaround plan, but it has yet to make a ...
Bloomberg L.P.9d
Estée Lauder Reviews Brands Amid Management Change
Estée Lauder Cos is reviewing its portfolio of beauty brands, people with knowledge of the matter said, as the cosmetics company transitions to new leadership and looks to boost its share price.