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Estée Lauder

Consumer goodsNew York, New YorkELAbout 55,000 employees

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WorkHush has 3 source-backed updates on Estée Lauder workforce changes since February 2025. The latest, added August 19, 2026: About 10,000 net positions expected to be cut under restructuring (company report). Read it with sources ›

What the sources say

All 3 source-backed updates ›

About 10,000 net positions expected to be cut under restructuring

Company report · Reported with fiscal 2026 results August 19, 2026

Sources: SEC Form 8-K (Estée Lauder Companies)

More about Estée Lauder

Prestige beauty company selling skin care, makeup, fragrance and hair care through retailers, travel retail and its own stores and sites

Revenue
$15.0B
Fiscal 2026 (ended June 2026), up 5%
Employees
About 55,000
As of June 2026, incl. about 35,000 in-store demonstrators
Stock
EL
New York Stock Exchange
Headquarters
New York, New York
CEO
Stéphane de La Faverie
Since January 2025
BrandsEstée Lauder, Clinique, M·A·C, La Mer, Tom Ford, Le Labo, Jo Malone London, Aveda
Current strategy“Beauty Reimagined” plan to widen consumer reach, speed up innovation, raise consumer-facing spending and cut costs through a leaner “One ELC” operating model
Recent workforce changesRestructuring now expected to cut about 10,000 positions net, raised during fiscal 2026 from an earlier 5,800 to 7,000
CompetitorsL'Oréal, Shiseido, Coty
Related companiesUlta BeautyProcter & GambleUnilever

Checked October 11, 2026 · Sources: sec.gov

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