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LVMH’s CEO Bernard Arnault Does Not Deny DFS Sale
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’
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.
LVMH’s CEO Bernard Arnault Does Not Deny DFS Sale As Stock Slides
French luxury conglomerate LVMH saw its stock slide by more than 6% following the Tuesday evening reveal of its 2024 annual results.
8d
on MSN
These are the five people who could become trillionaires in the next few years
A latest inequality report revealed a major prediction that within the coming decade approximately five renowned ...
9d
Oxfam says world ruled by “aristocratic oligarchy,” as billionaire wealth surges by $2 trillion
The charity reported that the wealth of the world's billionaires grew from $13 trillion to $15 trillion in 2024, a rate that ...
Newsweek on MSN
10d
How 2024 Saw Boom For Billionaires
The world's richest accumulated massive wealth in 2024, which some speculate could reach even greater heights in the next few ...
8d
on MSN
Billionaires are multiplying, and 60% earn their wealth through ‘inheritance, cronyism, or monopoly power,’ Oxfam writes
But nothing all that golden is minting these new wealthy individuals.“Most billionaire wealth is taken, not earned, 60% comes ...
businessday
5d
Five trillionaires expected within a decade, says Oxfam
The world is set to witness the emergence of five trillionaires within the next decade, according to Oxfam's latest ...
10d
The age of trillionaires is closer than you think, are you ready?
Five individuals are predicted to have net worths upwards of one trillion in a certain number of years. Can you guess who ...
Hosted on MSN
9d
World to have 5 trillionaires in next decade: forecast
The world will soon have five trillionaires as the wealth growth rate of its richest people rises faster than earlier ...
Khaama Press
9d
Oxfam: World’s first trillionaires to emerge within a decade
The development organization Oxfam predicts that the world’s first trillionaires could emerge within the next decade. The report highlights that the wealth of the ten richest billionaires has grown by ...
Arab Times
9d
Musk, Zuckerberg, and Huang among 5 set to become trillionaires in the next decade
According to a new study by Oxfam, five individuals are projected to reach trillionaire status within the next decade, each ...
1d
on MSN
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 ...
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