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Cosmetics giant Estée Lauder Estee Lauder announced a major restructuring ... hard for months – facing weak demand for its high-end fragrance and makeup products, and stiff competition from ...

The jobs are set to go by the end of June 2026. Estée Lauder - a history Estée Lauder was founded in 1946 by businesswoman Estée Lauder and her husband, Joseph Lauder, in New York City.

Estée Lauder (NYSE: EL) might be known as a timeless ... gross margin improved from 69.6% to 72.4% as it reduced its cost of sales by 13%. Its adjusted earnings per share rose from $0.11 to ...

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 ...

NEW YORK (AP) — Estee Lauder may trim as many as 7,000 jobs by ... The company posted sales of $4 billion in the latest quarter, down from $4.28 billion in the same period last year.