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."
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.
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,
Bernard Arnault says LVMH is not relocating following backlash over his criticism of French tax hikes
Arnault, the billionaire CEO of the luxury conglomerate, had criticized proposed French tax hikes earlier this week.
‘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.
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 ...
The Golden Age of the Broligarchy Is Upon Us
“The golden age of America begins right now,” Trump proclaimed. For his billionaire backers, it has already begun.
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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, ...
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—attended President Donald Trump’s inauguration events Monday, marking a ...
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 ...