Ongoing -

Cosmetics

Kenvue Layoffs Sign Ongoing Restructuring and Doable Divestment of Magnificence Manufacturers

Posted on 2025-07-05 by Hussain

05
Jul

THE WHAT? Kenvue, the Johnson & Johnson client well being spin-off, is transferring ahead with one other spherical of layoffs, slicing 69 jobs at its new Summit, New Jersey headquarters. The cuts are a part of a broader restructuring initiative that features workforce reductions, model consolidation, and a possible divestment of choose pores and skin […]

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Cosmetics

Michael Burry Doubles Funding in Estée Lauder Amid Ongoing Turnaround Efforts

Posted on 2025-05-19 by Hussain

19
May

THE WHAT? Michael Burry’s Scion Asset Administration has doubled its stake in Estée Lauder Corporations, rising its holding to 200,000 shares valued at roughly US$13.2 million. THE DETAILS The elevated funding was disclosed in a latest regulatory submitting and comes as Estée Lauder’s new CEO, Stéphane de La Faverie, implements modifications geared toward reversing sluggish […]

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