Bernard Arnault, world's richest non-American, drops absurd new term for tech layoffs
Bernard Arnault, in an LVMH earnings call, used a bizarre new term for tech layoffs when referencing a conversation with Meta ...
Bernard Arnault says LVMH is not relocating following backlash over his criticism of French tax hikes
Arnault, the billionaire CEO of the luxury conglomerate, had criticized proposed French tax hikes earlier this week.
Mark Zuckerberg is $40 billion richer this year on Meta's winning streak
Meta CEO Mark Zuckerberg has added more to his net wealth this year than any other billionaire, and is just $12 billion ...
World’s 5th richest man Bernard Arnault coins new phrase for being fired: ‘Promoted outwards’
Arnault announced that world-famous jewelers Tiffany & Co will be laying off or “promoting outwards” underperforming workers.
LVMH CEO Bernard Arnault came up with a new way to describe layoffs: being ‘promoted outwards’
LVMH CEO Bernard Arnault calls Mark Zuckerberg’s move to lay off low-performing Meta employees a chance for the workers to be ...
10 richest people in the world
In 2025, economic powerhouses like Elon Musk, Jeff Bezos, and Mark Zuckerberg dominate the wealth rankings. Forbes lists Musk ...
‘Promoted outwards’: French CEO coins new term for tech layoffs
The business world has a history of coming up with polite terms to couch unpleasantness. In the past, when it comes to job ...
Costco, Walmart Workers Get A Pay Raise
Plus private sector lessons from employee buyouts, a Navy SEAL headhunter and Taylor Swift pays $197 million in bonuses to ...
Globe’s top earners achieve historic wealth
The combined net worth of the world's 500 richest individuals reached an all-time high of $10 trillion in 2024, according to the Bloomberg Billionair ...