Estee Lauder will lay off between 5,800 and 7,000 employees after second-quarter sales plummeted 6% and operating income ...
Estee Lauder may trim more than 11% of its workforce after the global beauty cosmetics maker lost money in its most recent ...
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.
Companies have continued to cut jobs in 2025 after a wave of layoffs last year. Meta, Microsoft, BlackRock, and Ally are ...