Estee Lauder ramps up job cuts

Estee Lauder plans more job cuts as weak Q3 forecast sends shares plummeting
Estee Lauder 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 in Asia, sending its shares down 19%.
Estee Lauder ramps up job cuts as tariff war looms
Estee Lauder is the latest company to warn of the impact a tit-for-tat tariff war could have on their fortunes. Drinks giant, Diageo, which makes Guinness, Johnnie Walker, Baileys and Smirnoff warned on Tuesday that tariffs on Mexico and Canada - if they go ahead - "could very well" impact its business.
Estee Lauder to Cut up to 7,000 Jobs as Sales Slide
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
Estee Lauder expands restructuring plan with 7,000 job cuts, posts sales beat
Estee Lauder on Tuesday expanded its restructuring plan that would include up to 7,000 job cuts and posted smaller-than-expected drop in second-quarter sales. Shares of the company, which fell about 49% last year,
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.
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Estée Lauder’s Share Price Drops 16 Percent as Q3 Outlook Disappoints and More Job Cuts are Announced
As the company’s sales fell 6 percent in the second quarter, the owner of namesake Estée Lauder, Jo Malone, Tom Ford, ...
Estee Lauder announced job cuts and posts sales beat
Estee Lauder on Tuesday expanded its restructuring plan that would include up to 7,000 job cuts and posted ...
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