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 ...
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 ...
Yahoo Finance7d
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 ...
AOL7d
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 ...
Heard on the Street: LVMH Stock Price Drops on Luxury Reality Check
Demand for high-end brands is improving but not as quickly as hoped. European luxury shares fell Wednesday in reaction to a ...
New York Post6d
World’s 5th richest man Bernard Arnault coins new phrase for being fired: ‘Promoted outwards’
Bernard Arnault, CEO of LVMH and the world’s fifth richest man ... outwards” comment while discussing social media company META’s decision to lay off low-performing employees, according ...
FXStreet7d
Nvidia: The fight back begins, as earnings loom and LVMH slips
it is less clear how Meta is monetizing AI at this stage. At some point investors’ patience may run out. In contrast to its peers, LVMH’s earnings report was disappointing for last quarter.