Bernard Arnault said he spoke with Mark Zuckerberg about Meta layoffs, which the LVMH boss described as workers 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, 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.

Arnault announced that world-famous jewelers Tiffany & Co will be laying off or “promoting outwards” underperforming workers.

“The golden age of America begins right now,” Trump proclaimed. For his billionaire backers, it has already begun.

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

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

LVMH chief Bernard Arnault and Reliance Industries chairman Mukesh Ambani—the world’s fifth- and eighteenth-wealthiest people—attended President Donald Trump’s inauguration events Monday, marking a pair of surprise billionaire appearances at the event attended by a cadre of moguls worth well over $1 trillion.

PARIS, Jan 28 (Reuters) - Luxury giant LVMH (LVMH.PA), opens new tab is "seriously considering" bulking up its production capacities in the United States, CEO Bernard Arnault said on Tuesday ...

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

Bernard Arnault, the billionaire boss of the world's biggest luxury conglomerate LVMH, has picked a fight with the French government by suggesting that companies could flee France for the United

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