Estée Lauder sinks nearly 20% on weak quarterly sales; plans to slash up to 7,000 jobs
Shares in the Manhattan-based company, founded and controlled by New York’s Lauder family, plunged as much as 18% after Estée ...
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 ...
Estée Lauder is trying to fast-track premium products. But it’s cutting jobs, and is the S&P 500’s worst performer today.
Estée Lauder on Tuesday announced plans to cut thousands of jobs and speed up its product development to reclaim relevance in ...
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 ...
Estée Lauder paints ugly picture for FQ3, slashes jobs as part of strategic plan
Shares of Estée Lauder (NYSE:EL) are limping into Tuesday’s open after the company’s downbeat outlook into the current fiscal ...
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Everything we know about Estée Lauder Companies’ job cuts, results and profit recovery plans
ELC’s new President and CEO Stéphane de La Faverie, who stepped into the role in January, has also unveiled his vision to ...
Estee Lauder restructures, announcing up to 7,000 job cuts
Beauty giant Estee Lauder (NYSE:EL) is undertaking a major restructuring of its regional organization, which will result in as many as 7,000 job cuts.
Estée Lauder outlines Beauty Reimagined strategy, targets double-digit operating margin recovery
Q2 2025 Management View President and CEO Stéphane de La Faverie highlighted the company's new strategic vision, "Beauty Reimagined," to address challenges and restore growth. The five priorities ...
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The English We Speak
The English We Speak is your chance to catch up on the very latest English words and phrases. In under 3 minutes, we help you stay ahead of the pack by giving you 'must have' phrases that you can ...