Estee Lauder New York

Estee Lauder plans more job cuts

Estée Lauder sinks nearly 20% on weak quarterly sales; plans to slash up to 7,000 jobs

Shares in the Manhattan-based company, founded and controlled by New York’s Lauder family, plunged as much as 18% after Estée Lauder said it will be cutting between 5,800 and 7,000 jobs.

Reuters on MSN · 1d

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 grapples with persistent demand weakness especially in Asia, sending its shares down 19%.

ABC · 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

1don MSN

Estée Lauder is trying to fast-track premium products. But it’s cutting jobs, and is the S&P 500’s worst performer today.

Estée Lauder on Tuesday announced plans to cut thousands of jobs and speed up its product development to reclaim relevance in ...

Estee Lauder: Fiscal Q2 Earnings Snapshot

For the current quarter ending in March, Estee Lauder expects its per-share earnings to range from 20 cents to 30 cents. This story was generated by Automated Insights ( ...

Stéphane de La Faverie Announces Leadership Updates in Support of The Estée Lauder Companies’ Beauty Reimagined Vision

Stéphane de La Faverie, President and CEO of The Estée Lauder Companies today announced the Company’s new organizational ...

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Estee Lauder plans more job cuts

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