Estee Lauder may trim more than 11% of its workforce after the global beauty cosmetics maker lost money in its most recent ...

The company anticipates restructuring and other charges of between $1.2bn and $1.6bn as it overhauls the business.

Estee Lauder will lay off between 5,800 and 7,000 employees after second-quarter sales plummeted 6% and operating income ...

Brazilian planemaker Embraer said on Wednesday it has signed a purchase deal worth up to $7 billion with Flexjet for a fleet ...

Estee Lauder now intends to slash up to 7,000 positions from its workforce, the cosmetics company, known for brands like Mac ...