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Bernard Arnault, LVMH

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 · 1d

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."

SFGATE on MSN · 1d

Bernard Arnault, world's richest non-American, drops absurd new term for tech layoffs

Bernard Arnault, whose perch at the head of luxury goods conglomerate LVMH has made him the world’s richest non-American, just dropped an absurd new term for layoffs in the tech industry. While discussing layoffs at subsidiary Tiffany & Co.

LVMH shares fall as sales growth fails to impress

Shares in LVMH fell in early Frankfurt trading on Wednesday, as sales growth posted by the luxury goods group failed to ...

Amazon’s Prime Video Inks Lionsgate Streaming Deal, Will Get Exclusive Window on Films After First Run on Starz

Amazon's Prime Video inked a deal with Lionsgate for an exclusive streaming window on the studio's films after an initial run ...

5don MSN

Stocks to watch next week: ASML, Intel, LVMH, Shell and Glencore

The "Magnificent 7" are set to dominate earnings focus in the coming week, as five of these tech giants are due to report, ...

LVMH touts good start to 2025 but Q4 results underwhelm

LVMH has made a good start to 2025, CEO Bernard Arnault said on Tuesday, after the luxury conglomerate posted a slight rise in fourth-quarter sales, though analysts cautioned it may still fall short ...

Top 10 world’s richest people and their education qualifications

Bernard Arnault, the mastermind behind the LVMH conglomerate, which includes luxury brands such as Louis Vuitton and Sephora, graduated with a Bachelor of Arts and Science degree from École ...

globalcosmeticsnews1d

LVMH FY2024: ‘unfavorable global economic environment’ contributes to 2 percent drop in sales

LVMH has announced its results for fiscal 2024. The French luxury conglomerate said that reported sales dipped 2 percent to ...

UK's Tesco to cut 400 jobs across stores and head office

Britain's biggest supermarket group Tesco plans to cut about 400 jobs from stores and its head office, seeking efficiency ...

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