Estee Lauder Background

Estee Lauder To Cut Up To 7,000 Jobs

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.

Inc · 1d

In Wider Restructuring Plan, Estee Lauder to Cut 7,000 Jobs

Estee Lauder on Tuesday expanded a restructuring plan under its new CEO that would now include up to 7,000 job cuts, while also forecasting third-quarter profit below estimates, blaming persistent demand weakness especially in Asia.

The Hill · 1d

Estee Lauder to cut up to 7,000 jobs as sales slide

Estee Lauder may trim as many as 7,000 jobs by fiscal 2026, more than 11% of its workforce, after the global beauty cosmetics maker lost money in its most recent quarter as

2don MSN

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 ...

Estee Lauder: Painful Quarter, But Shares Remain Sharply Undervalued

Estée Lauder beat on both the top and bottom lines despite weak demand. See why EL stock is undervalued following a tough quarter but strong margin improvement.

2monon MSN

Before She Quit, Jane Lauder Called for Cousin’s Ouster at Estée Lauder

In early September, some board members at Estée Lauder received a private letter ... She lacked the financial and ...

Hosted on MSN1mon

CICC Initiates Coverage of Estée Lauder Companies (EL) with Market Perform Recommendation

The firm decreased its portfolio allocation in EL by 19.69% over the last quarter. Estee Lauder Cos. Background Information (This description is provided by the company.) The Estée Lauder ...

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