Estee Lauder to Cut 3,000 Jobs, Raises Profit Forecast

Estee Lauder announced plans to cut up to 3,000 additional jobs as part of its restructuring efforts. Concurrently, the company lifted its annual profit forecast, projecting positive growth.

1 May, 12:01 — 1 May, 12:01

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cnbcMostly Factual1d ago

Estee Lauder plans to cut up to 3,000 more jobs, lifts annual profit forecast

Estee Lauder on Friday raised its annual profit forecast and laid out plans to cut up to 3,000 more jobs as it accelerates a broad restructuring plan.

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First report: cnbc · 1 May, 12:01|Full coverage: 4 · 5h|Window: 5h

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cnbc1 May, 12:01First to report

Estee Lauder plans to cut up to 3,000 more jobs, lifts annual profit forecast

2h later

Reuters1 May, 14:27

Estee Lauder to cut up to 3,000 more jobs as it pursues Puig deal - Reuters

1h later

orf1 May, 15:53

Estee Lauder streicht nochmals Tausende Stellen

2h later

seeking-alpha1 May, 17:27Latest update

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Estee Lauder to Cut 3,000 Jobs, Raises Profit Forecast

Sources

Estee Lauder plans to cut up to 3,000 more jobs, lifts annual profit forecast

Coverage Timeline

Estee Lauder plans to cut up to 3,000 more jobs, lifts annual profit forecast

Estee Lauder to cut up to 3,000 more jobs as it pursues Puig deal - Reuters

Estee Lauder streicht nochmals Tausende Stellen

Estee Lauder declares $0.35 dividend

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