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 ...

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 ...

NEW YORK, Feb. 4 (Xinhua) -- Estee Lauder, the U.S. multinational cosmetics company manufacturing and marketing makeup, skincare, perfume and hair care products, may trim as many as 7,000 jobs by ...

Estée Lauder (NYSE: EL) stock suffered a makeup malfunction on Tuesday. Shares of the cosmetics giant tumbled 18.3% through ...

The layoffs, which represent up to 11% of its global workforce, arrive alongside a restructuring plan that extends into the C-suite.

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 ...

Shares in the iconic beauty products conglomerate plunged after it held off on providing a full-year financial outlook due to “evolving global uncertainty”.

The Estée Lauder Companies - which owns a diverse portfolio of brands, including Estée Lauder, La Mer, Jo Malone London, Clinique, and Tom Ford Beauty - revealed the plans as part of a broader ...

The Estée Lauder Companies has revealed ‘Beauty Reimagined’, a comprehensive strategy designed to restore sustainable sales growth and enhance profitability.

Stéphane de La Faverie, President and CEO of The Estée Lauder Companies today announced the Company’s new organizational structure and Executive Team, to lead the Beauty Reimagined vision and action ...