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LVMH, Bernard Arnault
You won't be fired, you may be 'promoted outwards', thanks to LVMH CEO
LVMH CEO Bernard Arnault compared layoffs at Tiffany & Co. to job cuts at Meta, drawing a parallel between the two companies. Arnault revealed that he had discussed Meta’s decision to let go of low-performing employees with Mark Zuckerberg last week,
Bernard Arnault says laid-off Meta staff were 'promoted outwards' — and LVMH's Tiffany is doing the same
Bernard Arnault said he spoke with Mark Zuckerberg about Meta layoffs, which the LVMH boss described as workers being "promoted outwards."
LVMH CEO Bernard Arnault came up with a new way to describe layoffs: being ‘promoted outwards’
Following Meta’s layoffs earlier this month, Arnault, the head of the luxury goods conglomerate that controls brands like Louis Vuitton, Fendi, and Sephora, likened Meta CEO Mark Zuckerberg’s move to let go of low-performing workers to layoffs at Tiffany’s.
World’s 5th richest man Bernard Arnault coins new phrase for being fired: ‘Promoted outwards’
Arnault announced that world-famous jewelers Tiffany & Co will be laying off or “promoting outwards” underperforming workers.
LVMH’s CEO Bernard Arnault Does Not Deny DFS Sale As Stock Slides
French luxury conglomerate LVMH saw its stock slide by more than 6% following the Tuesday evening reveal of its 2024 annual results.
Mark Zuckerberg Defends Embrace of Trump Administration
Mark Zuckerberg Defends Meta's Recent Moves, Sets Up 2025 in Leaked All-Hands Meeting
Meta CEO Mark Zuckerberg used an all-hands meeting Thursday to prepare staff for an "intense" year ahead and address recent controversial moves.
Mark Zuckerberg Defends Embrace of Trump Administration in Meta Q&A
In a meeting with Meta employees on Thursday, Mr. Zuckerberg also doubled down on recent changes to the company’s online speech policies and ending its diversity initiatives.
Mark Zuckerberg doubles down on Meta's submission to Trump
Meta CEO Mark Zuckerberg finally addressed his employees' concerns around recent changes within the company. Zuckerberg on Thursday discussed a range of issues during a meeting, most noticeably the dismantling of Meta's fact-checking policies and diversity programs.
2h
on MSN
Bernard Arnault says LVMH is not relocating following backlash over his criticism of French tax hikes
Arnault, the billionaire CEO of the luxury conglomerate, had criticized proposed French tax hikes earlier this week.
1d
on MSN
Bernard Arnault, world's richest non-American, drops absurd new term for tech layoffs
Bernard Arnault, in an LVMH earnings call, used a bizarre new term for tech layoffs when referencing a conversation with Meta ...
FIRSTonline
2d
Lvmh, a fourth quarter recovery is not enough to lift 2024. The stock collapses on the stock exchange and drags down all the luxury
A dividend of 17 euros per share will be proposed at the shareholders' meeting on April 13. An interim dividend of 5,5 euros ...
FOX 5 New York on MSN
10d
Nearly $1 trillion in net worth: Tech titans gather at Trump’s inauguration
A who's who of tech titans, business magnates, and global elites attended President Donald Trump’s 2025 inauguration, ...
11d
Tech Billionaires Get Prominent Places at Trump Inauguration
WASHINGTON, DC – JANUARY 20: Guests including Mark Zuckerberg, Lauren Sanchez, Jeff Bezos, Sundar Pichai and Elon Musk attend ...
EconoTimes
2d
LVMH Eyes Expansion in U.S. Amid Favorable Conditions
Luxury giant LVMH is considering expanding its production in the United States, CEO Bernard Arnault revealed, highlighting the countrys wind of optimism compared to the cold shower of higher corporate ...
5h
Mark Zuckerberg said he has no plans to change Meta's hybrid work policy: 'The status quo is fine'
In a meeting held Thursday, Meta's chief allayed fears of changes to the company's hybrid work policy.
8h
The 14 Rarest, Raddest Watches on Instagram
Like the many editions before it, this latest Watch Instagram Power Rankings was a joy to put together and meticulously ...
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