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LVMH, Bernard Arnault

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."

Fortune on MSN · 4d

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.

Firstpost · 2d

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,

New York Post on MSN · 3d

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.

Forbes · 3d

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.

4don 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 ...

Business Insider3d

Mark Zuckerberg

Bernard Arnault said he spoke with Mark Zuckerberg about Meta layoffs, which the LVMH boss described as workers being "promoted outwards." Entertainment 2025-01-29T12:01:28Z Jesse Eisenberg said ...

FIRSTonline4d

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 MSN13d

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, ...

Mark Zuckerberg to employees in leaked all-hands meeting: ‘buckle up’

Zuckerberg kicked off the meeting mostly reiterating his predictions on AI and smart glasses from Meta’s earnings call the ...

Mark Zuckerberg Joins the Business Roundtable

Meta’s chief executive has become a more visible presence in Washington since President Trump’s return to office after years ...

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