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Estée Lauder is trying to fast-track premium products. But it’s cutting jobs, and is the S&P 500’s worst performer today.
Estée Lauder 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 and ...MarketWatch - 4h -
In Wider Restructuring Plan, Estee Lauder to Cut 7,000 Jobs
Global sales dips prompt new CEO to expand the scope of a turnaround effort with additional layoffs.Inc. - 4h -
Estée Lauder ramps up job cuts as warns on tariffs
The firm that owns Clinique, MAC and Bobbi Brown shedding double the number of jobs than planned, warning of global volatility.BBC News - 6h