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Estee Lauder will lay off between 5,800 and 7,000 employees after second-quarter sales plummeted 6% and operating income ...

Estee Lauder is a leader in the global prestige beauty market, participating across skin care (51% of fiscal 2024 sales), makeup (29%), fragrance (16%), and hair care (4%) categories, with top-selling ...

The Estée Lauder Companies' net sales decreased by 6% to $4 billion in the second quarter ended 31 December 2024 (fiscal 2025 ...

Q2 2025 Earnings Call Transcript February 4, 2025 The Estée Lauder Companies Inc. beats earnings expectations. Reported EPS ...

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

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

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Estée Lauder on Tuesday announced plans to cut thousands of jobs and speed up its product development to reclaim relevance in ...

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 ...

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 now intends to slash up to 7,000 positions from its workforce, the cosmetics company, known for brands like Mac ...