LVMH, 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,
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.
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's Mark Zuckerberg.
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
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.
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 ...
LVMH Considers Widening US Footprint as CEO Arnault Expresses France Fatigue
PARIS (Reuters) - Luxury giant LVMH is "seriously considering" bulking up its production capacities in the United States, CEO ...