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Bernard Arnault, LVMH

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."

Hosted on MSN · 1d

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.

New York Post on MSN · 1d

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.

Mark Zuckerberg loses control

Business Insider · 15h

Meta CEO Mark Zuckerberg tells employees to 'buckle up' for an 'intense year' in a leaked all-hands recording

Meta CEO Mark Zuckerberg addressed the company's rollback of DEI programs and its community-notes model in a leaked recording of an all-hands meeting.

The Verge · 13h

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

Tensions were high inside Meta ahead of Mark Zuckerberg’s first all-hands meeting of the year. With a lot of the rank and file clearly on edge, Zuckerberg made sure there would be fewer opportunities for drama during today’s Q&A.

Raw Story on MSN · 11h

'Everything I say leaks': Mark Zuckerberg loses control as Meta employees spill the beans

Meta CEO Mark Zuckerberg appears to be losing control of the company behind the scenes, as leaked footage of a company meeting obtained by 404 Media appears to show him complaining — about leaks. This comes as Zuckerberg has drawn heavy fire for his increasingly stark attempts to ingratiate himself to the Trump administration,

1don 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 ...

13don 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 ...

FIRSTonline2d

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 ...

EconoTimes2d

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 ...

FOX 5 New York on MSN10d

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, ...

10don 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 ...

11h

Zuckerberg reassures Meta staff about company values after dramatic policy shifts

In a town hall, Meta CEO Mark Zuckerberg said the company remains committed to diversity and free expression after unwinding ...

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 ...

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