Estée Lauder ramps up job cuts

Job Cuts At Estée Lauder, Up To 11% Or 7,000 Employees, After Sales Decline
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.
Estée Lauder ramps up job cuts as tariff war looms
Beauty firm Estée Lauder, owner of cosmetics brands Clinique, MAC, and Jo Malone, is shedding twice the number of jobs than planned, pointing to uncertainty around US president Trump's tariffs as cause for concern.
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 and Clinique, announced Tuesday.
Estée Lauder, with a big presence in Suffolk, to cut up to 7,000 jobs worldwide
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.
Estee Lauder to cut 7,000 jobs as trade war looms amid Donald Trump tariffs
The group behind well-known beauty brands Estee Lauder, Clinique and Jo Malone said it plans to ramp up job losses from 3,000 to between 5,800 and 7,000 as it seeks to drive savings of up to $1bn (£80
Everything we know about Estée Lauder Companies’ job cuts, results and profit recovery plans
ELC’s new President and CEO Stéphane de La Faverie, who stepped into the role in January, has also unveiled his vision to restore the company’s sales growth
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.
Estée Lauder’s Share Price Drops 16 Percent as Q3 Outlook Disappoints and More Job Cuts are Announced
As the company’s sales fell 6 percent in the second quarter, the owner of namesake Estée Lauder, Jo Malone, Tom Ford, Clinique and more, announced plans to ramp up its restructuring program, from 3,000 to between 5,800 to 7,000.
Estée Lauder to axe up to 7,000 jobs as global sales decline
Estée Lauder is set to shed up to 7,000 jobs amid sliding sales and uncertainty over President Trump’s new tariffs.
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 ...
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 ...
Is Estée Lauder a Buy, Sell, or Hold in 2025?
The stock is down a whopping 78% from its peak during the pandemic, as a combination of weakness in China, market share ...