Mark Zuckerberg Bernard Arnault

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.

Business Insider on MSN · 17h

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."

KRON San Francisco on MSN · 7h

‘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

8hon 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 ...

12don 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 ...

9don 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 MSN9d

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, ...

9don 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 ...

Daily Maverick on MSN1d

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 ...

Click2Houston5d

5 economic forces that could shape the first year of Trump's presidency

His inaugural events included several of the world's wealthiest men: Tesla's Elon Musk, Amazon's Jeff Bezos, Meta's Mark Zuckerberg and LVMH's Bernard Arnault. Each is worth roughly $200 ...

USA Today6d

Trump's inauguration was packed with some of the world's richest people

The personal net worth of just three of these people combined (Mark Zuckerberg ... $188 billion: Bernard Arnault, owner of LVMH which owns luxury brands including Dior, Louis Vitton and ...

Results that may be inaccessible to you are currently showing.

Hide inaccessible results