Estee Lauder New York

Estée Lauder to cut up to 7,000 jobs

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.

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

promocionar · 1d

Estée Lauder plans to eliminate up to 7,000 jobs

Cosmetics giant Estée Lauder announced this Tuesday a major restructuring plan that includes cutting up to 7,000 jobs as the company grapples with persistent weak demand, causing its stock to soar nearly 20%.

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 ...

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 ( ...

9don MSN

Estée Lauder gains following a report of potential brand asset sales

Shares of Estée Lauder ( EL) gained 1.8% in late Monday afternoon trading to cut into the 52-week loss of more than 35%. The ...

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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