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 ...
Herve Bouillonnec1d
The Estée Lauder Companies reveals ‘Beauty Reimagined’ strategic vision amid -6% net sales decline in Q2
The Estée Lauder Companies has revealed ‘Beauty Reimagined’, a comprehensive strategy designed to restore sustainable sales growth and enhance profitability.
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 ...
voguebusiness1d
Estée Lauder CEO announces recovery plan, job cuts to recoup sales
A restructuring plan is underway to kick-start sales after the conglomerate reported a 6 per cent sales dip in Q2.
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 ...
Estee Lauder to cut up to 7,000 jobs
Estee Lauder now intends to slash up to 7,000 positions from its workforce, the cosmetics company, known for brands like Mac ...