The global beauty giant said its Melville operation, where about 2,500 people work, remains "committed to Long Island and New ...
Estée Lauder Companies (EL -18.82%), a global leader in beauty products, reported its fiscal 2025 second-quarter earnings on ...
The stock is down a whopping 78% from its peak during the pandemic, as a combination of weakness in China, market share ...
Estee Lauder on Tuesday expanded a restructuring plan that would now involve up to 7,000 job cuts as the cosmetics giant ...
FTX Bahamas creditors will start receiving payouts on Feb. 18, 2025, with claims under $50K getting full repayment plus 9% ...
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 ...
Estee Lauder announced on Tuesday that it plans to slash up to 7,000 positions from its workforce. The cosmetics company said it will eliminate a net of 5,800 to 7,000 roles as it unveiled an ...
The layoffs, which represent up to 11% of its global workforce, arrive alongside a restructuring plan that extends into the C-suite.
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.
The Estée Lauder Companies Inc. (NYSE: EL), a global leader in prestige beauty, finds itself at a critical juncture as it navigates a complex landscape of market challenges, strategic transitions, and ...
NEW YORK (AP) — Estee Lauder may trim as many as 7,000 jobs by fiscal 2026, more than 11% of its workforce, after the global beauty cosmetics maker lost money in its most recent quarter as ...