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.

As the company’s sales fell 6 percent in the second quarter, the owner of namesake Estée Lauder, Jo Malone, Tom Ford, ...

Estée Lauder (NYSE: EL) might be known as a timeless brand in cosmetics, founded nearly 80 years ago, but lately, it's ...

Estee Lauder on Tuesday expanded a restructuring plan that would now involve up to 7,000 job cuts as the cosmetics giant ...

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

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

Estee Lauder may trim as many as 7,000 jobs by fiscal 2026, more than 11% of its workforce, after the global beauty cosmetics ...

Canaccord lowered the firm’s price target on Estee Lauder (EL) to $70 from $76 and keeps a Hold rating on the shares. The firm noted they were ...

Estée Lauder Companies (ELC) is reportedly reviewing its brand portfolio following a recent management reshuffle. This could ...

Stephane de La Faverie, President and CEO of The Estee Lauder (EL) Companies “announced the company’s new organizational structure and ...