Estée Lauder on Tuesday announced plans to cut thousands of jobs and speed up its product development to reclaim relevance in ...

Source: Estée Lauder. Analyst estimates provided by FactSet. Overview of Estée Lauder Companies. Estée Lauder is an iconic ...

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.

Several beauty stocks tanked this week, as companies like E.l.f. Beauty and Estee Lauder reported disappointing earnings and ...

Cosmetics company Estee Lauder (EL) saw its stock plummet on Tuesday after announcing plans to cut up to 7,000 jobs. The ...

The global beauty giant said its Melville operation, where about 2,500 people work, remains "committed to Long Island and New ...

Estee Lauder said it’s expanding its restructuring plan to include job cuts anywhere from 5,800 to 7,000 by fiscal 2026 as ...

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.

A restructuring plan is underway to kick-start sales after the conglomerate reported a 6 per cent sales dip in Q2.

NEW YORK--(BUSINESS WIRE)--The Estée Lauder Companies ... FOR BEAUTY REIMAGINED FISCAL 2025 SECOND QUARTER SELECT FINANCIAL RESULTS (unaudited) 1,2 BEAUTY GAINS AND OPERATIONAL HIGHLIGHTS 3 FISCAL ...

The layoffs, which represent up to 11% of its global workforce, arrive alongside a restructuring plan that extends into the C-suite.

Estee Lauder now intends to slash up to 7,000 positions from its workforce, the cosmetics company, known for brands like Mac ...