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Estee Lauder to Cut up to 7,000 Jobs
Estee Lauder to cut up to 7,000 jobs as sales slide
Estee Lauder said it’s expanding its restructuring plan to include job cuts anywhere from 5,800 to 7,000 by fiscal 2026 as the global beauty company tries to boost sales and profits.
Estee Lauder slashing up to 7,000 jobs as it braces for tariff increases
The beauty giant behind Estee Lauder, Clinique and Jo Malone is ramping up its job loss programme from 3,000 to between 5,800 and 7,000 to cut costs.
Estee Lauder expands restructuring plan, to cut up to 7,000 jobs
Estee Lauder on Tuesday expanded a restructuring plan under its new CEO that would now include up to 7,000 job cuts, while also forecasting third-quarter profit below estimates, blaming persistent demand weakness especially in Asia.
1h
Estée Lauder Revenue Beats Estimates
Estée Lauder Companies (EL -18.82%), a global leader in beauty products, reported its fiscal 2025 second-quarter earnings on ...
1h
Estee Lauder Layoffs Languish EL Stock
Cosmetics company Estee Lauder (EL) saw its stock plummet on Tuesday after announcing plans to cut up to 7,000 jobs. The ...
Cosmetics Business
3h
Estée Lauder Companies hires new Executive Vice President, Chief People Officer
Michael Bowes is the first company executive to hold the position and will oversee culture building at the US beauty giant ...
1d
on MSN
Estée Lauder has lost $100 billion in value in the past three years. How a big bet on China dragged down a luxury legend
Estée Lauder faces its next fraught rendezvous with Wall Street on Tuesday, when the struggling Fortune 500 beauty giant ...
4h
Estee Lauder announces new structure, Jane Hudis as Chief Brand Officer
Stephane de La Faverie, President and CEO of The Estee Lauder (EL) Companies “announced the company’s new organizational structure and ...
Cosmetics Business
6d
Estée Lauder Companies reportedly mulling brand portfolio review
Estée Lauder Companies (ELC) is reportedly reviewing its brand portfolio following a recent management reshuffle. This could ...
1d
on MSN
Is Estée Lauder a Buy, Sell, or Hold in 2025?
Estée Lauder (NYSE: EL) might be known as a timeless brand in cosmetics, founded nearly 80 years ago, but lately, it's ...
Derbyshire Times
43m
Estee Lauder: beauty and perfume companies to cut UK jobs amid Donald Trump 'trade war' concerns - news
The Estée Lauder Companies - which owns a diverse portfolio of brands, including Estée Lauder, La Mer, Jo Malone London, ...
4h
Estée Lauder Issues Q3 Guidance; Now Estimates Net Reduction In Positions Of 5,800 To 7,000
The Estée Lauder Companies Inc. (EL) said, for the third quarter, the company's forecasted EPS is in a range of $0.04 - $0.17.
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