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Soap Central on MSNEstée Lauder announces 7,000 job cuts following sales decline: Reasons explainedCosmetics company Estée Lauder is expected to cut 7000 jobs globally, which is more than its initial target of 3000, as a ...
Estee Lauder now intends to slash up to 7,000 positions from its workforce, the cosmetics company, known for brands like Mac ...
Estée Lauder shares tumbled 17% Tuesday after the cosmetics giant reported a surprise loss and warned about current-quarter results as sales declined.
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 ...
Estée Lauder beat on both the top and bottom lines despite weak demand. See why EL stock is undervalued following a tough ...
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.
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 ...
The global beauty giant said its Melville operation, where about 2,500 people work, remains "committed to Long Island and New ...
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.
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