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ESTEE LAUDER RESTRUCTURING
MAC cosmetics owner Estee Lauder to cut 3,000 more jobsEstee Lauder Cos. is set to cut up to 3,000 more jobs, increasing its total planned layoffs to 10,000. This move aims to generate an additi...- HUL, don't get Unileverised: The ice cream business melted away, but what’s next?HUL boss Rohit Jawa needs to think out of the box and make HUL what it was in pre-liberalisation India, independent and free thinking; haul...
- Layoffs pile up in US, Canada as companies uncertain of economyAs job cuts persist in 2024 across the U.S. and Canada, sectors including technology, automakers, media, and financial services are heavily...
- Brookfield, GIC, Alpha Wave eye Blackstone company PGP GlassThe buyout funds are competing with PAG and Apollo Global Management who are still believed to in the fray but not that aggressive as the t...
- S&P 500 ends near flat as energy, defensive sectors counter megacap declinesMegacap technology-related growth stocks dipped, with Alphabet down 1.9% and Tesla falling 1.7%, as investors fretted that interest rates c...
- Wall St cuts losses as energy, defensive sectors counter megacap declinesTraders see a nearly 91% chance of the Fed holding rates at current levels at its September meeting, according to the CME Group's FedWatch ...
- Despite global issues, Revlon pursuing growth in IndiaRevlon, which first made its mark in India with prominent standalone counters, exclusive kiosks and shop-in-shop outlets across malls and m...
- Citi’s $900-million ‘clerical error’ is worst Wall Street bungle in a long timeThe "clerical error" has plunged the bank into a battle between the Perelman empire and a corps of sharp-edged investment funds that have b...
- Shoppers Stop to invest Rs 120 crore on expansion, renovation this yearShoppers Stop, in which US-based online retail giant Amazon had picked up 5 percent stake last year, runs big format stores in fashion reta...
- Estee Lauder cuts 2,000 jobs as profit dropsUS cosmetics company Estee Lauder said on Thursday it would eliminate 2,000 jobs in a major streamlining after profits plunged in the lates...
- US jobless claims hit 26-year high of 626,000As a proportion of the work force, the number of people receiving unemployment benefits is at the highest level since August 1982. Coming t...
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