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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 · 8h

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.

France 24 on MSN · 19h

LVMH sales beat expectations as CEO Bernard Arnault shifts focus to the US

LVMH says 2025 is off to a good start as it reports an increase in sales in its most recent quarter. US President Donald Trump is offering buyout packages to almost all federal workers who do not want to return to the office.

6hon MSN

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 ...

5don MSN

The real reason why billionaire LVMH head Bernard Arnault and his ‘Succession’ heirs were at Trump’s inauguration

He’s someone Trump really looks up to and wants to make happy,” a source said of LVMH CEO Bernard Arnault, the wealthiest man ...

9don 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.

9don MSN

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 ...

9don MSN

Bernard Arnault and Children Attend Trump Inauguration

The LVMH Moët Hennessy Louis Vuitton titan had prime seating near former Presidents Bill Clinton, George Bush and Barack ...

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LVMH's Bernard Arnault ousts Larry Ellison as the world's 4th-richest person after gaining $15 billion in one day

Bernard Arnault has gained more wealth in 2025 than anyone else, including Elon Musk and Mark Zuckerberg. The LVMH CEO is now the world's fourth richest person after gaining $15 billion on ...

Reuters on MSN15h

LVMH mulls widening US footprint as CEO expresses France fatigue

Luxury giant LVMH is "seriously considering" bulking up its production capacities in the United States, CEO Bernard Arnault said on Tuesday, praising a "wind of optimism" in the country that ...

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🔒 The Economist: Schumpeter – Donald Trump’s America will not become a tech oligarchy

Explore how tech billionaires like Elon Musk, Jeff Bezos, and Mark Zuckerberg shaped the narrative at Donald Trump’s second ...

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