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 ...
What Bernard Arnault’s optimism for the U.S. could mean for LVMH’s position under ‘tariff man’ Trump
"It's clear that we are being strongly pushed by the American authorities to continue to build out our presence," Bernard ...
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 ...
Bernard Arnault slides down to world’s fifth-richest person after LVMH disappointment
Bernard Arnault lost a spot in the billionaire rankings after LVMH Moet Hennessy posted results that weren’t as strong as ...
LVMH Considers Widening US Footprint as CEO Arnault Expresses France Fatigue
PARIS (Reuters) - Luxury giant LVMH is "seriously considering" bulking up its production capacities in the United States, CEO ...
Alaska Dispatch News3d
5 economic forces that could shape the first year of Trump's presidency
Despite the solid job market and low 4.1% unemployment rate, he has to contend with headwinds like inflation, a budget ...
He's emboldened, he's organized and he's still Trump: Takeaways from the president's opening days
Donald Trump's first week in office isn't over yet, but what the Republican president has done so far offers clues about how ...
Kiplinger6d
The Richest People in the World as 2024 Ends
Billionaire, businessman and the chairman and chief executive of LVMH (LVMUY), Bernard Arnault holds the crown ... to Forbes' real-time valuation. As Meta Platforms' (META) stock price skyrocketed ...
That’s at Least $12 Trillion in Market Value Behind Trump
The list of global businessmen and CEOs sitting on the dais for the inauguration adds up to more than $12 trillion in market ...
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 ...
Fox Business15d
Meta cutting 5% of workforce based on performance
Facebook parent Meta on Tuesday announced that it's planning to cut back its workforce with the reductions focused on the lowest performers, according to an internal memo sent to Meta employees.
The Raw Story15d
Meta tells Brazil it's only axing fact checkers in USA
Before joining Raw Story, Brad Reed spent eight years writing about technology at BGR.com and Network World. Prior to that, he wrote freelance stories for political publications such as AlterNet ...