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

Estée Lauder (NYSE: EL) stock suffered a makeup malfunction on Tuesday. Shares of the cosmetics giant tumbled 18.3% through 11 a.m. ET, despite beating forecasts for both sales and earnings in its ...

Estee Lauder, the New York-based cosmetic company, may cut between 5,800 to 7,000 jobs by its 2026 fiscal year, as sales drop ...

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 ...

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

Cosmetics giant Estée Lauder Estee Lauder announced a major restructuring plan on Tuesday that includes slashing up to 7,000 jobs as the company grapples with persistent demand weakness — sending its ...

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

Estée Lauder may trim as many as 7,000 jobs by fiscal 2026, more than 11% of its workforce, after the global beauty cosmetics maker lost money in its most recent quarter due to a 6% sales slump, ...

Cosmetics company Estee Lauder (EL) saw its stock plummet on Tuesday after announcing plans to cut up to 7,000 jobs. The ...

Below are the earnings highlights for The Estée Lauder Companies Inc. (EL): Earnings: -$590 million in Q2 vs. $313 million in the ...