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Estée 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.
Estée Lauder, with a big presence in Suffolk, to cut up to 7,000 jobs worldwide
Estee Lauder said it's expanding its restructuring plan to include job cuts anywhere from 5,800 to 7,000 by fiscal 2026 as the global beauty company tries to boost sales and profits.
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.
Fortune
3y
Estée Lauder
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Fortune
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Business Insider India
8y
The 11 companies with the most billionaires in the world
Estée
Lauder
, which manufactures and markets skin care, makeup, fragrance, and hair care products, was cofounded by the husband-wife team of Estée
Lauder
and Joseph
Lauder
in 1946. Today ...
2d
on MSN
Estée Lauder Revenue Beats Estimates
Estée Lauder Companies (EL -18.82%), a global leader in beauty products, reported its fiscal 2025 second-quarter earnings on ...
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