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 ...
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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 ...
‘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 ...
Bernard Arnault, world's richest non-American, drops absurd new term for tech layoffs
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 ...
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 ...
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 ...
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 ...