In market capitalization terms, the stock tumble of the last three years has stripped more than $100 billion from the company ...

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Cosmetics giant Estée Lauder Estee Lauder announced a major restructuring ... hard for months – facing weak demand for its high-end fragrance and makeup products, and stiff competition from ...

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 ...

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.

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

Estée Lauder stock has plunged since the pandemic. China sales have been weak, and the company is losing market share elsewhere. Management announced a turnaround plan, but it has yet to make a ...

Since reaching its peak at $374.20 in January 2022, Estée Lauder’s shares have plummeted by a staggering 78%, representing a ...

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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 ...