Cosmetics company Estee Lauder (EL) saw its stock plummet on Tuesday after announcing plans to cut up to 7,000 jobs. The ...

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 ...

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 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 due to a 6% sales slump ...

Below are the earnings highlights for The Estée Lauder Companies Inc. (EL): Earnings: -$590 million in Q2 vs. $313 million in the ...

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., a major employer in Suffolk County, has increased the number of employees that it plans to lay off across the globe to up to 7,000 as cosmetics sales slump in ...

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 ...

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 ...

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 ...