Estée Lauder beat on both the top and bottom lines despite weak demand. See why EL stock is undervalued following a tough ...
Shares in the Manhattan-based company, founded and controlled by New York’s Lauder family, plunged as much as 18% after Estée ...
Estee Lauder will lay off between 5,800 and 7,000 employees after second-quarter sales plummeted 6% and operating income ...
Estee Lauder now intends to slash up to 7,000 positions from its workforce, the cosmetics company, known for brands like Mac ...
In market capitalization terms, the stock tumble of the last three years has stripped more than $100 billion from the company ...
Estee Lauder said it's expanding its restructuring plan to include job cuts anywhere from 5,800 to 7,000 by fiscal 2026 as ...
Estée Lauder on Tuesday announced plans to cut thousands of jobs and speed up its product development to reclaim relevance in ...
The stock is down a whopping 78% from its peak during the pandemic, as a combination of weakness in China, market share ...
Estée Lauder Cos. said it plans to eliminate between 5,800 to 7,000 positions in a corporate restructuring meant to return ...