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.

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 ...

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

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 ...

Estée Lauder Cos. said it plans to eliminate between 5,800 to 7,000 positions in a corporate restructuring meant to return the flagging company to sales growth under its new chief executive. The owner ...

In a report released yesterday, Ashley Helgans from Jefferies maintained a Hold rating on The Estée Lauder Companies (EL – Research Report), ...