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Estee Lauder To Cut Up To 7,000 Jobs
Estée Lauder, with a big presence in Suffolk, to cut up to 7,000 jobs worldwide
Estee Lauder said it's expanding its restructuring plan to include job cuts anywhere from 5,800 to 7,000 by fiscal 2026 as the global beauty company tries to boost sales and profits.
Estée Lauder cuts 7,000 jobs amid restructuring
The company anticipates restructuring and other charges of between $1.2bn and $1.6bn as it overhauls the business.
Estée Lauder (EL) Aims to Cut Up to 7,000 Jobs
Cosmetics company Estée Lauder (EL) announced a major restructuring plan that aims to cut 5,800 to 7,000 jobs, or up to 11% of its workforce.
Estee Lauder slashing up to 7,000 jobs as it braces for tariff increases
The beauty giant behind Estee Lauder, Clinique and Jo Malone is ramping up its job loss programme from 3,000 to between 5,800 and 7,000 to cut costs.
Job Cuts At Estée Lauder, Up To 11% Or 7,000 Employees, After Sales Decline
Estee Lauder will lay off between 5,800 and 7,000 employees after second-quarter sales plummeted 6% and operating income tanked to a $580 million loss.
Estee Lauder to slash 7,000 jobs globally
Estee Lauder is set to cut up to 7,000 jobs globally, ramping up its initial target of 3,000. The move is part of a broader cost-saving strategy aimed at generating up to $1 billion in savings. The company,
22h
Estée Lauder Companies’ (EL) Market Perform Rating Reaffirmed at Telsey Advisory Group
Estée Lauder Companies (NYSE:EL – Get Free Report)‘s stock had its “market perform” rating reaffirmed by equities researchers ...
2d
Estee Lauder Layoffs Languish EL Stock
Cosmetics company Estee Lauder (EL) saw its stock plummet on Tuesday after announcing plans to cut up to 7,000 jobs. The ...
1d
on MSN
The Estée Lauder Companies Inc. (NYSE:EL) Q2 2025 Earnings Call Transcript
Q2 2025 Earnings Call Transcript February 4, 2025 The Estée Lauder Companies Inc. beats earnings expectations. Reported EPS ...
1d
Estée Lauder Continues To Disappoint (Rating Downgrade)
Estée Lauder reported another quarter of weak sales and declining margins as its China and travel businesses struggle. Read ...
2d
on MSN
Estée Lauder Revenue Beats Estimates
Estée Lauder Companies (EL -18.82%), a global leader in beauty products, reported its fiscal 2025 second-quarter earnings on ...
2d
Why Estée Lauder Stock Crashed on Tuesday
Estée Lauder (NYSE: EL) stock suffered a makeup malfunction on Tuesday. Shares of the cosmetics giant tumbled 18.3% through ...
15h
Estee Lauder: Painful Quarter, But Shares Remain Sharply Undervalued
Estée Lauder beat on both the top and bottom lines despite weak demand. See why EL stock is undervalued following a tough ...
4d
on MSN
Is Estée Lauder a Buy, Sell, or Hold in 2025?
The stock is down a whopping 78% from its peak during the pandemic, as a combination of weakness in China, market share ...
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