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

Estee Lauder announced on Tuesday that it plans to slash up to 7,000 positions from its workforce. The cosmetics company said ...

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