Paid employee volunteers at Estée Lauder Companies' Melville, NY-based manufacturing facility producing hand sanitizer for high-need groups and populations, including frontline medical staff. Image credit: Estée Lauder Companies
Estée Lauder Companies, owner of such cosmetics brands as Estée Lauder, La Mer, Aveda, Clinique and Jo Malone, is taking additional steps to protect itself financially, chief among them cuts in compensation to top executives and trimming expenses in marketing spending.