Estee Lauder Background

Estee Lauder to Cut up to 7,000 Jobs

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.

Associated Press · 1d

Estee Lauder to cut up to 7,000 jobs as sales slide

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.

Inc · 1d

In Wider Restructuring Plan, Estee Lauder to Cut 7,000 Jobs

Estee Lauder on Tuesday expanded a restructuring plan under its new CEO that would now include up to 7,000 job cuts, while also forecasting third-quarter profit below estimates, blaming persistent demand weakness especially in Asia.

1don MSN

Estee Lauder plans more job cuts as weak Q3 forecast sends shares plummeting

Estee Lauder on Tuesday expanded a restructuring plan that would now involve up to 7,000 job cuts as the cosmetics giant ...

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.

2monon MSN

Before She Quit, Jane Lauder Called for Cousin’s Ouster at Estée Lauder

In early September, some board members at Estée Lauder received a private letter ... She lacked the financial and ...

Hosted on MSN1mon

CICC Initiates Coverage of Estée Lauder Companies (EL) with Market Perform Recommendation

The firm decreased its portfolio allocation in EL by 19.69% over the last quarter. Estee Lauder Cos. Background Information (This description is provided by the company.) The Estée Lauder ...

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