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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.
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.
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."
9h
on MSN
Amazon Cuts Dozens of Corporate Jobs in Latest Round of Layoffs
Amazon.com Inc. is laying off dozens of people in its communications department, the latest culling of the corporate ...
23h
on MSN
Firings, freezes and layoffs: A look at Trump’s moves against federal employees and programs
Senate Democratic Leader Chuck Schumer called the firings a “chilling purge,” while GOP Sen. Lindsey Graham, a top Trump ally ...
4h
on MSN
Oklahoma aerospace sector aims to retain talent amid Boeing layoffs, industry growth
Timothy smith, recruitment manager, delaware resource group"the aerospace (industry) Is taking off in oklahoma. Some are ...
8h
on MSN
Layoffs reported at Pratt & Whitney
EAST HARTFORD, CT (WFSB) - Jet engine maker Pratt & Whitney confirmed a small amount of layoffs. A spokesperson told Channel ...
11h
on MSN
Minnetonka e-commerce firm to shut down, resulting in 122 layoffs
A Minnetonka e-commerce company is closing down, with more than 120 workers set to be laid off. Digital River Inc. informed ...
5h
on MSN
Kohl's announces layoffs at Wisconsin corporate headquarters
Wisconsin-based retailer Kohl's announced this week that 10% of roles reporting to the company's headquarters would be ...
7h
CT aerospace giant Pratt & Whitney planning layoffs. Action will ‘reduce overhead costs’
The notice comes just weeks after several hundred Pratt & Whitney machinists, on furlough for the day, rallied outside the ...
fox61
11h
Pratt & Whitney spokesperson confirms small number of layoffs globally
Pratt & Whitney is an aerospace manufacturer, a subsidiary of RTX Corporation (formerly Raytheon) and a defense contractor ...
9h
Jet-engine maker Pratt & Whitney announces layoffs, but CT impact is unclear
Jet-engine maker Pratt & Whitney, which has manufacturing facilities in East Hartford and Middletown, says it is making a ...
13h
Starbucks CEO Brian Niccol talks efficiency gameplan, layoffs
Coffee giant Starbucks (SBUX) beat top and bottom line estimates for its fourth quarter — posting adjusted earnings of $0.69 ...
labiotech
19h
Biotech layoffs in 2025: The Labiotech tracker
Stay updated on biotech layoffs in 2025! Each week, we track and analyze industry layoffs, their causes, and their impact.
9h
on MSN
BioWare Betting It All On Mass Effect 5 After Even More Layoffs
BioWare general manager Gary McKay tried to explain the current state of the studio in a new blog post that was full of vague ...
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