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 ...
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." ...
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 boosted LVMH stock.
SFGate16d
Bernard Arnault, world's richest non-American, drops absurd new term for tech layoffs
Bernard Arnault, whose perch at the head ... the French billionaire referenced a recent conversation he had with Mark Zuckerberg, CEO of Bay Area tech giant Meta. Cutting staff is on Zuckerberg ...
10 richest people in the world
In 2025, economic powerhouses like Elon Musk, Jeff Bezos, and Mark Zuckerberg dominate the wealth rankings. Forbes lists Musk ...
Daily Jang6d
From Elon Musk to Mark Zuckerberg: Zodiac signs of world’s richest people
Billionaires have a significant influence on the world’s economy, politics and charitable activities.We already know the ...
Billionaires at Trump's inauguration hold wealth equal to 1/3 India's GDP
Elon Musk, Mark Zuckerberg, Jeff Bezos, Mukesh Ambani, and Bernard Arnault all attended various inauguration events ...
Business Insider16d
Bernard Arnault says laid-off Meta staff were 'promoted outwards' — and LVMH's Tiffany is doing the same
Bernard Arnault drew parallels between layoffs at Tiffany & Co. and job cuts at Meta on an earnings call Tuesday. The CEO of the luxury conglomerate LVMH said he talked with Mark Zuckerberg last ...
AOL16d
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 ...
AOL28d
LVMH's Bernard Arnault ousts Larry Ellison as the world's 4th-richest person after gaining $15 billion in one day
Bernard Arnault has gained more wealth in 2025 than anyone else, including Elon Musk and Mark Zuckerberg. The LVMH CEO is now the world's fourth richest person after gaining $15 billion on Thursday.