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Estée Lauder Accelerates Turnaround, Adds 3,000 Jobs To Chopping Block
Estée Lauder Accelerates Turnaround, Adds 3,000 Jobs To Chopping Block
Beauty and cosmetics giant Estée Lauder is accelerating its workforce restructuring, announcing Friday morning that it will cut another 3,000 jobs, bringing total planned reductions to as many as 10,000 roles. The move is expected to unlock hundreds of millions of dollars in additional savings. Still, it also suggests a deeper reset in the company's workforce after its hiring spree leading up to Covid, potentially putting a long-term cap on headcount.
The owner of Clinique, La Mer, MAC, Aveda, Bobbi...
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David Ellison Debuts New Name For Merged Paramount, Warner Bros. Studios
David Ellison Debuts New Name For Merged Paramount, Warner Bros. Studios
Authored by Jill McLaughlin via The Epoch Times,
Paramount and Warner Bros. studios will be combined under one company named Skydance, company CEO David Ellison announced Oct. 2 on his newly opened X account.
David Ellison, CEO of Paramount Skydance, speaks during the Paramount Pictures presentation at CinemaCon at Caesars Palace in Las Vegas on April 16, 2026. AP Photo/Chris Pizzello"We have big goals for Skydance, and we intend to pursue them with passion, imagination, and a willingness to take smart...
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