• 09/21/2024

Estée Lauder Stock Surges on Layoff Plans

Wall Street Journal

The company’s shares jumped more than 15% 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-132b83d5