Cosmetics company Estée Lauder is expected to cut 7000 jobs globally, which is more than its initial target of 3000, as a ...
Cosmetics giant Estée Lauder Estee Lauder announced a major restructuring plan on Tuesday that includes slashing up to 7,000 jobs as the company grapples with persistent demand weakness ...
Shares of makeup conglomerate Estee Lauder ( EL -0.13%) plunged 23% through Thursday trading this week, according to data from S&P Global Market Intelligence.
Copyright 2025 The Associated Press. All Rights Reserved. Estee Lauder products are displayed at a store in Boston, Friday, ...
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 ...
While the situation looks grim at the moment, I am not giving up on Estée Lauder today. Let's look at what's gone wrong and how the situation can improve going forward. The headline that grabbed ...
Estée Lauder (NYSE: EL) might be known as a timeless brand in cosmetics, founded nearly 80 years ago, but lately, it's looking like the skincare and makeup giant is running out of time.