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Cosmetics giant Estée Lauder Estee Lauder announced a major restructuring plan on Tuesday that includes slashing up to 7,000 jobs as the company grapples with persistent demand weakness ...
Estée Lauder will lay off between 5,800 and 7,000 employees – from 9% to 11% of its 62,000 workforce – after second-quarter sales dropped 6% and operating income swung from a $574 million ...
Shares of beauty products company Estée Lauder (NYSE:EL) fell 18.2% in the morning session after the company reported underwhelming fourth-quarter results. Its EBITDA missed significantly ...
Estée Lauder (NYSE: EL) might be known as a timeless brand in cosmetics, founded nearly 80 years ago, but lately, it's looking like the skincare and makeup giant is running out of time.
Estée Lauder said it’s looking externally to fill its chief digital marketing officer and chief technology, data and analytics officer positions, according to an announcement Tuesday.
Estée Lauder "beat earnings" today, but actually lost money. Guidance envisions sales and earnings continuing to fall in Q3. Estée Lauder is also laying off workers and planning to take more ...