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Estée Lauder

Estée Lauder plans to eliminate up to 7,000 jobs

Among the information released, the Manhattan-based company, founded and controlled by the Lauder family of New York, stated that it will cut around 10% of its workforce as part of an expanded recovery plan under new CEO Stéphane de La Faverie, who took over the role on January 1.

More brands included in X lawsuit for plot to withhold advertising revenue

More brands included in X lawsuit for plot to withhold advertising revenue

According to reports, the company formerly known as Twitter added Nestlé, Colgate-Palmolive, Tyson Foods, Shell, Pinterest, Lego, and Abbott Laboratories to its lawsuit on Saturday, alleging that they participated in a boycott of X coordinated by the World Federation of Advertisers (WFA), which violated antitrust laws.

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