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 ...
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.
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 ...
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 ...
Heard on the Street: LVMH Stock Price Drops on Luxury Reality Check
Demand for high-end brands is improving but not as quickly as hoped. European luxury shares fell Wednesday in reaction to a ...
LVMH considers widening US footprint as CEO Arnault expresses France fatigue
Luxury giant LVMH is "seriously considering" bulking up its production capacities in the United States, CEO Bernard Arnault ...
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LVMH CEO Bernard Arnault came up with a new way to describe layoffs: being ‘promoted outwards’
LVMH CEO Bernard Arnault calls Mark Zuckerberg’s move to lay off low-performing Meta employees a chance for the workers to be "promoted outwards, so to speak." If you were just laid off ...
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Bernard Arnault says laid-off Meta staff were 'promoted outwards' — and LVMH's Tiffany is doing the same
Bernard Arnault said he spoke about Meta job cuts with Mark Zuckerberg. The CEO of LVMH referenced layoffs at Meta when discussing job cuts at Tiffany on an earnings call. Arnault described laid ...