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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.
Mark Zuckerberg defends embrace of Trump administration
Mark Zuckerberg Sells His Employees on ‘Partnership’ With Trump Admin
Meta CEO Mark Zuckerberg defended his company’s controversial policy changes while juicing up employees for what he says will be a “big year” for the social media giant. “I want to be clear, after the last several years,
Mark Zuckerberg to employees in leaked all-hands meeting: ‘buckle up’
Tensions were high inside Meta ahead of Mark Zuckerberg’s first all-hands meeting of the year. With a lot of the rank and file clearly on edge, Zuckerberg made sure there would be fewer opportunities for drama during today’s Q&A.
Mark Zuckerberg defends embrace of Donald Trump administration
Meta CEO Mark Zuckerberg said, "I want to be clear, after the last several years, we now have an opportunity to have a productive partnership with the United States government. We're going to take that.
13d
on 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 ...
FIRSTonline
2d
Lvmh, a fourth quarter recovery is not enough to lift 2024. The stock collapses on the stock exchange and drags down all the luxury
A dividend of 17 euros per share will be proposed at the shareholders' meeting on April 13. An interim dividend of 5,5 euros ...
FOX 5 New York on MSN
10d
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, ...
EconoTimes
2d
LVMH Eyes Expansion in U.S. Amid Favorable Conditions
Luxury giant LVMH is considering expanding its production in the United States, CEO Bernard Arnault revealed, highlighting the countrys wind of optimism compared to the cold shower of higher corporate ...
10d
Tech Billionaires Get Prominent Places at Trump Inauguration
WASHINGTON, DC – JANUARY 20: Guests including Mark Zuckerberg, Lauren Sanchez, Jeff Bezos, Sundar Pichai and Elon Musk attend ...
10d
on 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 ...
11h
Zuckerberg reassures Meta staff about company values after dramatic policy shifts
In a town hall, Meta CEO Mark Zuckerberg said the company remains committed to diversity and free expression after unwinding ...
15h
Meta CEO Mark Zuckerberg says DeepSeek will 'benefit' the company and the future of its AI business
Meta CEO Mark Zuckerberg and CFO Susan Li spoke of the benefits of DeepSeek's flagship AI model to its company in a leaked all-hands.
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