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LVMH CEO Bernard Arnault came up with a new way to describe layoffs: being ‘promoted outwards’
"Unfortunately, we were not able to keep everyone." LVMH is just the latest example of a company using jargon to describe layoffs. An Amazon manager revealed to Business Insider the company someti ...
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LVMH's Bernard Arnault has gone from being the world's richest person to 5th place after a $54 billion wipeout
Arnault is the founder and CEO of LVMH Moët Hennessy Louis Vuitton ... ranking him ahead of Tesla CEO Elon Musk and Amazon founder Jeff Bezos at the top of the Bloomberg Billionaires Index.
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Bernard Arnault Wants to Keep Running LVMH Until He’s 85
Bernard Arnault is taking a page out of the Logan Roy succession handbook. The billionaire CEO of LVMH, who is currently 76 years old, reportedly wants to keep running the company for the next ...