Estee Lauder will lay off between 5,800 and 7,000 employees after second-quarter sales plummeted 6% and operating income ...
The Estée Lauder Companies Inc. (NYSE:EL), a global leader in prestige beauty with a market capitalization of $24.8 billion, ...
Shares of Estée Lauder (NYSE:EL) are limping into Tuesday’s open after the company’s downbeat outlook into the current fiscal quarter along with plans to revive the business through job cuts ...
which has been quicker to push out new trendy products. Its shares have fallen more than 50% over the past 12 months. Estee Lauder has faced challenges in boosting sales growth in China ...
Beauty products company Estée Lauder (NYSE:EL) reported Q4 CY2024 results , but sales fell by 6.4% year on year to $4.00 ...
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 ...
Estée Lauder Cos. said it plans to eliminate between 5,800 to 7,000 positions in a corporate restructuring meant to return ...
However, I don't see this quarter's results as dramatically impacting the bigger picture. The core issue is that Estée Lauder's operating margin has collapsed because its top-line revenues ...
Estee Lauder may trim as many as 7,000 jobs by fiscal 2026, more than 11% of its workforce, after the global beauty cosmetics ...
We simply need to be faster if we want to innovate around trends,' CEO says Estée Lauder Cos. on Tuesday announced plans to cut thousands of jobs and speed up its product development to reclaim ...
Copyright 2025 The Associated Press. All Rights Reserved. Estee Lauder products are displayed at a store in Boston, Friday, Aug. 25, 2017. (AP Photo/Charles Krupa ...