Popular Estee Lauder brands include Mac, Clinique, Too Faced, Bobbi Brown Estee Lauder said the cuts stem from a new restructuring program focused on "the reorganization and rightsizing of certain areas of the Company as well as the simplification and acceleration of processes." It will begin during the company's fiscal third quarter. TickerSecurityLastChangeChange %ELTHE ESTÉE LAUDER COMPANIES INC.152.97+18.91+14.10% The company expects to incur restructuring and other charges of between $500 million and $700 million, before taxes. It projected the restructuring will bring annual pre-tax gross savings in the $350 million to $500 million range for the cosmetics company. The restructuring plan marked an expansion of its "profit recovery plan" for fiscal years 2025 and 2026 that the cosmetics company started pursuing in November.