Estée Lauder Companies Inc. is a global leader in prestige beauty, dedicated to creating high-quality skincare, makeup, fragrance, and hair care products. The company’s mission is to inspire confidence and beauty in consumers worldwide through innovative products and exceptional customer experiences. Estée Lauder Companies Inc. employs a multi-channel strategy, leveraging both brick-and-mortar and digital platforms to reach diverse markets. With a strong commitment to sustainability and social responsibility, the company focuses on enhancing its product offerings while fostering inclusivity and diversity within the beauty industry.

ESTEE LAUDER COMPANIES INC

Estée Lauder is currently navigating significant challenges in early 2025, including a projected sales decline of up to 12% primarily due to underperformance in its duty-free business in Asia. The company recently announced plans to cut between 5,800 and 7,000 jobs as part of its updated "profit recovery and growth...

Estée Lauder to Cut Up to 7,000 Jobs Amid Sales Declines and Industry Challenges

Estée Lauder is making significant cuts, with plans to eliminate up to 7,000 jobs as it grapples with a projected 12% sales decline and a challenging market landscape. Can the new leadership and restructuring efforts turn the tide for this iconic beauty brand?