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.
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 ...
A restructuring plan is underway to kick-start sales after the conglomerate reported a 6 per cent sales dip in Q2.
In its upcoming report, Estee Lauder (EL) is predicted by Wall Street analysts to post quarterly earnings of $0.33 per share, reflecting a decline of 62.5% compared to the same period last year.
Beauty firm Estee Lauder has revealed it is more than doubling job cuts to as many as 7,000 worldwide as part of a cost-saving overhaul as it braces for tariff increases amid fears of a global ...
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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 ...
If you’re into skincare (or know someone who is), you’ll want to check out Estée Lauder’s Lift + Glow Advanced Night Repair 4-Piece Skincare Gift Set. This big skincare bundle of goodness ...