Estée Lauder stock has continued slumping in the new year, and one of its directors scooped up a large block of shares of the ...
Shares in the Manhattan-based company, founded and controlled by New York’s Lauder family, plunged as much as 18% after Estée ...
The stock is down a whopping 78% from its peak during the pandemic, as a combination of weakness in China, market share ...
Estee Lauder will lay off between 5,800 and 7,000 employees after second-quarter sales plummeted 6% and operating income ...
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 US beauty giant has found itself slashing jobs once again, as its new CEO Stéphane de La Faverie works to course-correct ...
Estée Lauder faces its next fraught rendezvous with Wall Street on Tuesday, when the struggling Fortune 500 beauty giant ...
Shares of makeup conglomerate Estee Lauder ( EL -0.13%) plunged 23% through Thursday trading this week, according to data from S&P Global Market Intelligence.
The layoffs, which represent up to 11% of its global workforce, arrive alongside a restructuring plan that extends into the C-suite.
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 ...
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 ...