Estée Lauder Stock Surges on Layoff Plans
Wall Street Journal
The maker of MAC Cosmetics and Aveda’s shares jumped in premarket trading after the cosmetics giant said it would lay off up to 5% of its workers, moving to boost profit after several weak quarters.
https://www.wsj.com/articles/estee-lauder-stock-surges-on-layoff-plans-fb446afc