Estee Lauder, the New York-based cosmetic company, may cut between 5,800 to 7,000 jobs by its 2026 fiscal year, as sales drop ...

Estée Lauder Cos. on Tuesday announced plans to cut thousands of jobs and speed up its product development to reclaim relevance in higher-end beauty, after the company swung to a quarterly loss and ...

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

The Estée Lauder Companies Inc. (NYSE:EL), a global leader in prestige beauty with a market capitalization of $24.8 billion, ...

ELC’s new President and CEO Stéphane de La Faverie, who stepped into the role in January, has also unveiled his vision to ...

The downsizing is happening after the company announced it expects net sales to tumble 10% to 12% through the first three ...

Estee Lauder layoffs: Luxury skincare and makeup brand Estee Lauder may cut nearly 7,000 jobs by the fiscal year 2026. The ...

Shares in the Manhattan-based company, founded and controlled by New York’s Lauder family, plunged as much as 18% after Estée ...

By category, skincare organic net sales declined 12% as challenges in Asia Pacific and travel retail overshadowed growth in the Americas. Fragrance net sales increased 2%, led by strong double-digit ...

The Estée Lauder Companies - which owns a diverse portfolio of brands, including Estée Lauder, La Mer, Jo Malone London, ...

The Estee Lauder Companies Inc.’s EL shares plunged 5.7% in the pre-market session on Tuesday after reporting second-quarter ...

Estee Lauder said it’s expanding its restructuring plan to include job cuts anywhere from 5,800 to 7,000 by fiscal 2026 as ...