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

Cosmetics company Estée Lauder is expected to cut 7000 jobs globally, which is more than its initial target of 3000, as a part of its cost-saving strategy.

Estee Lauder announced on Tuesday that it plans to slash up to 7,000 positions from its workforce. The cosmetics company said it will eliminate a net of 5,800 to 7,000 roles as it unveiled an ...

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 shares tumbled 17% Tuesday after the cosmetics giant reported a surprise loss and warned about current-quarter ...

Estee Lauder (EL.N), opens new tab on Tuesday expanded a restructuring plan that would now involve up to 7,000 job cuts as the cosmetics giant grapples with persistent demand weakness especially ...

Estée Lauder said it would cut up to 7,000 jobs and warned of a steeper sales decline to start the new year. Shares tumbled more than 4% in early Tuesday trading. The cosmetics giant behind MAC ...

Estée Lauder employs around 62,000 people worldwide, and said the final figure of jobs losses would be between 5,800 and 7,000, with some staff redeployed in new roles. The company did not say where ...

An Estée Lauder spokeswoman wouldn’t provide details Tuesday about how the expanded job-cutting plan would impact the company's Suffolk operations, though she emphasized their key role.

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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. NEW YORK ...