Mark Zuckerberg Bernard Arnault

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 · 4d

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 · 4d

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.

Firstpost · 2d

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,

Forbes · 4d

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.

2don MSN

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.

4don 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

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.

Business Insider3d

Mark Zuckerberg

Bernard Arnault said he spoke with Mark Zuckerberg about Meta layoffs, which the LVMH boss described as workers being "promoted outwards." Entertainment 2025-01-29T12:01:28Z Jesse Eisenberg ...

FOX 5 New York on MSN13d

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, ...

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