Estee Lauder To Cut Up To 7,000 Jobs

Estée Lauder Companies (NYSE:EL – Get Free Report)‘s stock had its “market perform” rating reaffirmed by equities researchers ...
Cosmetics company Estee Lauder (EL) saw its stock plummet on Tuesday after announcing plans to cut up to 7,000 jobs. The ...
Estée Lauder reported another quarter of weak sales and declining margins as its China and travel businesses struggle. Read ...
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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