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 ...
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." ...
With Tampons and Code, Silicon Valley Workers Quietly Protest Tech’s Rightward Shift
As Mark Zuckerberg and other tech titans have embraced President Trump and muffled internal dissent at their companies, their ...
‘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 ...
Meta sends mixed signals as quarterly sales beat estimates but outlook muted
Meta continues to hemorrhage money at its metaverse-oriented Reality Labs unit, which beat sales expectations but still lost ...
Meet Alibaba's Qwen 2.5, An AI Model Claiming To Beat Both DeepSeek And OpenAI's ChatGPT
Alibaba, the Chinese tech giant, released a new version of its AI model and made big claims — notably that it outperforms OpenAI's ChatGPT and the newly ascending DeepSeek.
Amazon lays off ‘small number' of employees in communications and sustainability units
Amazon is laying off a "small number" of employees in its communications and sustainability units. The company laid of more ...
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DeepSeek AI Controversy Looms As Microsoft Reports Strong Q4 Earnings
Microsoft reports strong Q2 earnings amid DeepSeek AI controversy, highlighting robust financial performance and ongoing AI ...
Amazon trims communications team, dozens affected in cost-saving move
Ecommerce giant Amazon seems to have begun laying off employees. Reportedly, Amazon.com Inc. has sacked dozens of people from ...