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LVMH, Bernard Arnault
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.
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."
‘Promoted outwards’: French CEO coins new term for tech layoffs
The business world has a history of coming up with polite terms to couch unpleasantness. In the past, when it comes to job cuts, CEOs have “let go,” “made
What Bernard Arnault’s optimism for the U.S. could mean for LVMH’s position under ‘tariff man’ Trump
"It's clear that we are being strongly pushed by the American authorities to continue to build out our presence," Bernard Arnault told reporters.
Arnault Sees Optimism in US After Attending Trump Inauguration
Bernard Arnault said a wind of optimism is blowing through the US after Donald Trump’s inauguration as president, in contrast to his native France, where the government is seeking to raise corporate taxes and unemployment is increasing.
7h
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 ...
12d
on MSN
LVMH's Bernard Arnault ousts Larry Ellison as the world's 4th-richest person after gaining $15 billion in one day
Bernard Arnault is outpacing Elon Musk and Mark Zuckerberg in wealth gain this year after signs of a rebound in luxury demand ...
9d
on MSN
The Golden Age of the Broligarchy Is Upon Us
“The golden age of America begins right now,” Trump proclaimed. For his billionaire backers, it has already begun.
9d
on MSN
Trump’s Surprise Billionaire Guests: Bernard Arnault And Mukesh Ambani Attend Inauguration Events
LVMH chief Bernard Arnault and Reliance Industries chairman Mukesh Ambani—the world’s fifth- and eighteenth-wealthiest people ...
FOX 5 New York on MSN
9d
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, ...
9d
on MSN
Musk, Zuckerberg and Huang among 5 people now expected to become trillionaires within 10 years
Elon Musk, Mark Zuckerberg and Jensen Huang are among those expected to hit trillionaire status, with Oxfam suggesting that ...
4d
He’s emboldened, he’s organized and he’s still Trump: Takeaways from the president’s opening days
Donald Trump’s first week in office isn’t over yet, but what the Republican president has done so far offers clues about how ...
Prescott eNews
4d
5 economic forces that could shape the first year of Trump’s presidency – Associated Press
President Donald Trump is briefed on the effects of Hurricane Helene at Asheville Regional Airport in Fletcher, N.C., Friday, ...
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