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Estee Lauder To Cut Up To 7,000 Jobs
Estee Lauder to cut up to 7,000 jobs as sales slide
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.
Estée Lauder Stock Dives on Surprise Loss, Job Cuts as Sales Decline
Estée Lauder shares tumbled 17% Tuesday after the cosmetics giant reported a surprise loss and warned about current-quarter results as sales declined.
Estee Lauder layoffs: Global beauty cosmetics maker to cut up to 7,000 jobs. Know why
Luxury skincare and makeup brand Estee Lauder may cut nearly 7,000 jobs by the fiscal year 2026. The layoffs will constitute more than 11% of its workforce. The company plans to cut jobs after reporting losses in the recent quarter in addition to a 6 per cent fall in sales,
Estee Lauder may slash up to 7000 jobs to return to profitability
Estee Lauder warns of the possibility to eliminate 5800 to 7000 roles as part of a restructuring program to restore profitability.
Estée Lauder warns of up to 7,000 job cuts globally
The layoffs, which represent up to 11% of its global workforce, arrive alongside a restructuring plan that extends into the C-suite.
Estée Lauder CEO announces recovery plan, job cuts to recoup sales
A restructuring plan is underway to kick-start sales after the conglomerate reported a 6 per cent sales dip in Q2.
Estee Lauder ramps up job cuts as tariff war looms
Estee Lauder employs around 62,000 people worldwide, and said the final figure of jobs losses would be between 5,800 and 7,000, with some staff redeployed in new roles. The company did not say where the jobs would be lost.
Greek Reporter
5d
80s Estée Lauder Top Model Returns as Global Ambassador at 60 Years Old
Paulina Porizkova, a former Estée Lauder model from the 1980s, returns as a Global Brand Ambassador at 60 years old.
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 ...
Cosmetics Business
6d
Estée Lauder welcomes back anti-ageism activist Paulina Porizkova as global ambassador
The 59-year-old model, who previously served as a face of the brand from 1988 to 1995, will front new skin care and make-up ...
1d
on MSN
Estée Lauder is trying to fast-track premium products. But it’s cutting jobs, and is the S&P 500’s worst performer today.
Estée Lauder on Tuesday announced plans to cut thousands of jobs and speed up its product development to reclaim relevance in ...
1d
on MSN
Estée Lauder sinks nearly 20% on weak quarterly sales; plans to slash up to 7,000 jobs
Shares in the Manhattan-based company, founded and controlled by New York’s Lauder family, plunged as much as 18% after Estée ...
1d
Estee Lauder to axe up to 7,000 jobs amid the threat of a trade war triggered by Donald Trump
The US beauty group, whose brands include Clinique and Bobbi Brown, said it will increase the number of job losses from 3,000 ...
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