Losing your livelihood is now doubleplusgood! Bernard Arnault, CEO of LVMH and the world’s fifth richest man, has coined a new phrase for those who are being laid off — “being promoted outwards, so to ...

French luxury conglomerate LVMH saw its stock slide by more than 6% following the Tuesday evening reveal of its 2024 annual ...

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 ...

Government spokesperson Sophie Primas replied saying that 'everybody must do their bit,' although she conceded that she understood his 'anger.' ...

Alexandre Arnault, one of LVMH CEO Bernard Arnault's five children vying for more responsibility in their father's empire, told Reuters he needed a few months to draw up a plan. "Give us 100 days ...

Bernard Arnault, the billionaire boss of the world’s biggest luxury ... which has demanded that Paris bring its finances on a ...

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 ...

LVMH has no plans to relocate the luxury conglomerate, said Bernard Arnault, its billionaire chief executive officer, after remarks he made critical of France drew a backlash at home. “I’ve ...

Bernard Arnault, boss of the world's biggest luxury conglomerate LVMH, has picked a fight with the French government by ...

LVMH CEO Bernard Arnault calls Mark Zuckerberg’s move ... “We typically manage out people who aren’t meeting expectations over the course of a year, but now we’re going to do more ...

Bernard Arnault, the billionaire boss of the ... that Paris bring its finances on a credible trajectory towards meeting EU rules. The rules call for limits on annual deficits of three percent ...