Estee Lauder Products - Search News

Estée Lauder to cut up to 7,000 job cuts

Hosted on MSN · 1d

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 higher-end beauty, after the company swung to a quarterly loss and offered a dimmer outlook amid wobblier shopper sentiment in Asia.

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.

New York Post on MSN · 1d

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.

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 ...

1d

Estee Lauder Layoffs Languish EL Stock

Cosmetics company Estee Lauder (EL) saw its stock plummet on Tuesday after announcing plans to cut up to 7,000 jobs. The ...

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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 ...

1don MSN

Estée Lauder Revenue Beats Estimates

Source: Estée Lauder. Analyst estimates provided by FactSet. Overview of Estée Lauder Companies. Estée Lauder is an iconic ...

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